Date Approved
04/08/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
ELECTRIC PUMP, INC.
Borrower Address
4280 E. 14TH ST
Borrower City
DES MOINES
Borrower State
IA
Borrower Zip
50313-2604
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1655080.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24553
Servicing Lender Name
Community State Bank
Servicing Lender Address
817 N Ankeny Blvd
Servicing Lender City
ANKENY
Servicing Lender State
Servicing Lender Zip
50023-1768
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
123
NAICS Code
423830
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1668504.54
Forgiveness Date
02/04/2021