PPP Loan information for Drewis electric inc

$87,233

Drewis electric inc was initially approved for PPP Loan of amount $87,233, the current approved amount is $87,233. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 6 jobs and $87,233 was used to fund payroll.

Drewis electric inc is Existing or more than 2 years old

PPP Loan Search / IA / NEWTON / Drewis electric inc

DREWIS ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DREWIS ELECTRIC INC

Borrower Address

108 MEMORY LANE

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87233.00

Current Approval Amount

87233.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-0001

CD

IA-01

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87233.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88134.01

Forgiveness Date

05/20/2021

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