PPP Loan information for Electrical advantage inc.

$167,199

Electrical advantage inc. was initially approved for PPP Loan of amount $167,199, the current approved amount is $167,199. The loan was approved on 03/17/2021 by The First State Bank reported 5 jobs and $167,199 was used to fund payroll.

Electrical advantage inc. is Existing or more than 2 years old

PPP Loan Search / IA / Fort Dodge / Electrical advantage inc.

ELECTRICAL ADVANTAGE INC.

Date Approved

03/17/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

ELECTRICAL ADVANTAGE INC.

Borrower Address

819 S 32nd St

Borrower City

Fort Dodge

Borrower State

IA

Borrower Zip

50501-2942

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

167199.00

Current Approval Amount

167199.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25569

Servicing Lender Name

First State Bank

Servicing Lender Address

505 Second St

Servicing Lender City

WEBSTER CITY

Servicing Lender State

IA

Servicing Lender Zip

50595-1507

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fort Dodge

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-2942

CD

IA-04

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

167199.00

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

25569

Originating Lender

First State Bank

Originating Lender City

WEBSTER CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

167996.06

Forgiveness Date

09/15/2021

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