PPP Loan information for Electra appliance repair inc

$21,938

Electra appliance repair inc was initially approved for PPP Loan of amount $21,938, the current approved amount is $21,938. The loan was approved on 02/27/2021 by The CIBC Bank USA reported 2 jobs and $21,938 was used to fund payroll.

Electra appliance repair inc is Existing or more than 2 years old

PPP Loan Search / IN / Cedar Lake / Electra appliance repair inc

ELECTRA APPLIANCE REPAIR INC

Date Approved

02/27/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ELECTRA APPLIANCE REPAIR INC

Borrower Address

9903 W 150th Ct

Borrower City

Cedar Lake

Borrower State

IN

Borrower Zip

46303-8576

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21937.50

Current Approval Amount

21937.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Lake

Project County Name

LAKE

Project State

IN

Project Zip

46303-8576

CD

IN-01

Jobs Reported

2

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21937.50

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

22047.49

Forgiveness Date

09/10/2021

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