PPP Loan information for Esco electric company

$6,766,615

Esco electric company was initially approved for PPP Loan of amount $6,766,615, the current approved amount is $6,766,615. The loan was approved on 04/08/2020 by The Bankers Trust Company reported 303 jobs and $6,766,615 was used to fund payroll.

Esco electric company is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Esco electric company

ESCO ELECTRIC COMPANY

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ESCO ELECTRIC COMPANY

Borrower Address

3450 3RD ST

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-3931

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6766615.00

Current Approval Amount

6766615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24841

Servicing Lender Name

Bankers Trust Company

Servicing Lender Address

453 7th St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-4110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-3931

CD

IA-02

Jobs Reported

303

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6766615.00

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

Corporation

Originating Lender Location Id

24841

Originating Lender

Bankers Trust Company

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6844477.42

Forgiveness Date

06/11/2021

;