PPP Loan information for Davenport electric contract co

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DAVENPORT ELECTRIC CONTRACT CO

Borrower Address

529 pershing avenue

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52803-5516

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1288540.00

Current Approval Amount

1198354.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123981

Servicing Lender Name

American Bank and Trust Company, National Association

Servicing Lender Address

4301 E 53rd St

Servicing Lender City

DAVENPORT

Servicing Lender State

IA

Servicing Lender Zip

52807-3861

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52803-5516

CD

IA-01

Jobs Reported

69

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1198354.00

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

123981

Originating Lender

American Bank and Trust Company, National Association

Originating Lender City

DAVENPORT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1208839.60

Forgiveness Date

03/03/2021