PPP Loan information for Electric wholesale company

$213,000

Electric wholesale company was initially approved for PPP Loan of amount $213,000, the current approved amount is $213,000. The loan was approved on 04/05/2020 by The First National Bank Ames, Iowa reported 20 jobs and $213,000 was used to fund payroll.

Electric wholesale company is Existing or more than 2 years old

PPP Loan Search / IA / AMES / Electric wholesale company

ELECTRIC WHOLESALE COMPANY

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ELECTRIC WHOLESALE COMPANY

Borrower Address

314 South 17TH ST

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-8044

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213000.00

Current Approval Amount

213000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-8044

CD

IA-04

Jobs Reported

20

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

160300.00

Mortgage Interest Proceed

0.00

Rent Proceed

39600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13100.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

214178.79

Forgiveness Date

11/03/2020

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