PPP Loan information for Electric pump inc.

$1,814,797

Electric pump inc. was initially approved for PPP Loan of amount $1,814,797, the current approved amount is $1,814,797. The loan was approved on 02/13/2021 by The Community State Bank reported 115 jobs and $1,814,797 was used to fund payroll.

Electric pump inc. is Existing or more than 2 years old

PPP Loan Search / IA / Des Moines / Electric pump inc.

ELECTRIC PUMP INC.

Date Approved

02/13/2021

SBA Office Code

0761

Processing Method

PPS

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

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1814797.00

Current Approval Amount

1814797.00

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

IA

Servicing Lender Zip

50023-1768

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Des Moines

Project County Name

POLK

Project State

IA

Project Zip

50313-2604

CD

IA-03

Jobs Reported

115

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1814792.00

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

24553

Originating Lender

Community State Bank

Originating Lender City

ANKENY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1825282.49

Forgiveness Date

09/14/2021

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