PPP Loan information for Electrical automation, llc

$54,000

Electrical automation, llc was initially approved for PPP Loan of amount $54,000, the current approved amount is $54,000. The loan was approved on 04/04/2020 by The American Bank, National Association reported 5 jobs and $54,000 was used to fund payroll.

Electrical automation, llc is Existing or more than 2 years old

PPP Loan Search / IA / LE MARS / Electrical automation, llc

ELECTRICAL AUTOMATION, LLC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ELECTRICAL AUTOMATION, LLC

Borrower Address

21562 LAKE AVE

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-8223

Loan Status Date

04/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54000.00

Current Approval Amount

54000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25420

Servicing Lender Name

American Bank, National Association

Servicing Lender Address

234 5th Ave SW

Servicing Lender City

LE MARS

Servicing Lender State

IA

Servicing Lender Zip

51031-1917

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-8223

CD

IA-04

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

52000.00

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

Sole Proprietorship

Originating Lender Location Id

25420

Originating Lender

American Bank, National Association

Originating Lender City

LE MARS

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

54473.42

Forgiveness Date

02/25/2021

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