PPP Loan information for Electrical materials co

$179,809

Electrical materials co was initially approved for PPP Loan of amount $179,809, the current approved amount is $179,809. The loan was approved on 04/13/2020 by The First Interstate Bank reported 20 jobs and $179,809 was used to fund payroll.

Electrical materials co is Existing or more than 2 years old

ELECTRICAL MATERIALS CO

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ELECTRICAL MATERIALS CO

Borrower Address

1236 1st Avenue South

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-4202

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179809.25

Current Approval Amount

179809.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

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

50501-4202

CD

IA-04

Jobs Reported

20

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179809.25

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182080.27

Forgiveness Date

07/29/2021

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