PPP Loan information for Delta electric inc

$224,200

Delta electric inc was initially approved for PPP Loan of amount $224,200, the current approved amount is $224,200. The loan was approved on 04/08/2020 by The Johnson Bank reported 8 jobs and $224,200 was used to fund payroll.

Delta electric inc is Existing or more than 2 years old

DELTA ELECTRIC INC

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DELTA ELECTRIC INC

Borrower Address

2319 EATON LN

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53404-1725

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224200.00

Current Approval Amount

224200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53404-1725

CD

WI-01

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

28025.00

Payroll Proceed

168150.00

Mortgage Interest Proceed

28025.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226663.13

Forgiveness Date

05/21/2021

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