PPP Loan information for Cu electric inc

$46,600

Cu electric inc was initially approved for PPP Loan of amount $46,600, the current approved amount is $46,600. The loan was approved on 04/05/2020 by The Iroquois Federal Savings & Loan Association reported 6 jobs and $46,600 was used to fund payroll.

Cu electric inc is New Business or 2 years or less

PPP Loan Search / IL / CHAMPAIGN / Cu electric inc

CU ELECTRIC INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CU ELECTRIC INC

Borrower Address

1153 COUNTY ROAD 1200 E

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61822-9809

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46600.00

Current Approval Amount

46600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82803

Servicing Lender Name

Iroquois Federal Savings & Loan Association

Servicing Lender Address

201 E Cherry St

Servicing Lender City

WATSEKA

Servicing Lender State

IL

Servicing Lender Zip

60970-1661

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61822-9809

CD

IL-13

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82803

Originating Lender

Iroquois Federal Savings & Loan Association

Originating Lender City

WATSEKA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

47094.09

Forgiveness Date

05/06/2021

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