PPP Loan information for Electric motor service co., inc.

$221,800

Electric motor service co., inc. was initially approved for PPP Loan of amount $221,800, the current approved amount is $221,800. The loan was approved on 04/09/2020 by The Bank of Idaho reported 14 jobs and $221,800 was used to fund payroll.

Electric motor service co., inc. is Existing or more than 2 years old

ELECTRIC MOTOR SERVICE CO., INC.

Date Approved

04/09/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

ELECTRIC MOTOR SERVICE CO., INC.

Borrower Address

535 Utah Cir

Borrower City

IDAHO FALLS

Borrower State

ID

Borrower Zip

83402-3301

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221800.00

Current Approval Amount

221800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20158

Servicing Lender Name

Bank of Idaho

Servicing Lender Address

399 N Capital Ave

Servicing Lender City

IDAHO FALLS

Servicing Lender State

ID

Servicing Lender Zip

83402-3632

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IDAHO FALLS

Project County Name

BONNEVILLE

Project State

ID

Project Zip

83402-3301

CD

ID-02

Jobs Reported

14

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

221800.00

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

20158

Originating Lender

Bank of Idaho

Originating Lender City

IDAHO FALLS

Originating Lender State

ID

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

223574.40

Forgiveness Date

02/04/2021

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