PPP Loan information for Direct electric inc

$8,375

Direct electric inc was initially approved for PPP Loan of amount $8,375, the current approved amount is $8,375. The loan was approved on 02/19/2021 by The Bridge Community Bank reported 1 jobs and $8,375 was used to fund payroll.

Direct electric inc is Existing or more than 2 years old

PPP Loan Search / IA / Ely / Direct electric inc

DIRECT ELECTRIC INC

Date Approved

02/19/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

DIRECT ELECTRIC INC

Borrower Address

2080 Dows St

Borrower City

Ely

Borrower State

IA

Borrower Zip

52227-9775

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8375.00

Current Approval Amount

8375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25256

Servicing Lender Name

Bridge Community Bank

Servicing Lender Address

302 Hwy 1 SE

Servicing Lender City

MOUNT VERNON

Servicing Lender State

IA

Servicing Lender Zip

52314-9501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ely

Project County Name

LINN

Project State

IA

Project Zip

52227-9775

CD

IA-02

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8375.00

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

Subchapter S Corporation

Originating Lender Location Id

25256

Originating Lender

Bridge Community Bank

Originating Lender City

MOUNT VERNON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8406.17

Forgiveness Date

07/08/2021

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