PPP Loan information for Electronic design and consulting inc.

$18,970

Electronic design and consulting inc. was initially approved for PPP Loan of amount $18,970, the current approved amount is $18,970. The loan was approved on 04/16/2021 by The BMO Harris Bank National Association reported 2 jobs and $18,970 was used to fund payroll.

Electronic design and consulting inc. is Existing or more than 2 years old

ELECTRONIC DESIGN AND CONSULTING INC.

Date Approved

04/16/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ELECTRONIC DESIGN AND CONSULTING INC.

Borrower Address

13852 Lakeview Dr

Borrower City

Clive

Borrower State

IA

Borrower Zip

50325-8846

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18970.00

Current Approval Amount

18970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clive

Project County Name

POLK

Project State

IA

Project Zip

50325-8846

CD

IA-03

Jobs Reported

2

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18970.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19110.17

Forgiveness Date

01/11/2022

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