PPP Loan information for Electronic communication systm

$111,972

Electronic communication systm was initially approved for PPP Loan of amount $111,972, the current approved amount is $111,972. The loan was approved on 01/30/2021 by The The Peoples State Bank reported 8 jobs and $111,972 was used to fund payroll.

Electronic communication systm is Existing or more than 2 years old

ELECTRONIC COMMUNICATION SYSTM

Date Approved

01/30/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ELECTRONIC COMMUNICATION SYSTM

Borrower Address

2476 W Industrial Park Dr

Borrower City

Bloomington

Borrower State

IN

Borrower Zip

47404-2690

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111972.00

Current Approval Amount

111972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23067

Servicing Lender Name

The Peoples State Bank

Servicing Lender Address

601 E Temperance St

Servicing Lender City

ELLETTSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47429-2010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MONROE

Project State

IN

Project Zip

47404-2690

CD

IN-09

Jobs Reported

8

NAICS Code

425110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

111968.00

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

23067

Originating Lender

The Peoples State Bank

Originating Lender City

ELLETTSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113041.95

Forgiveness Date

01/12/2022

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