PPP Loan information for Gritters electric inc.

$125,000

Gritters electric inc. was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/08/2020 by The Marion County State Bank reported 14 jobs and $125,000 was used to fund payroll.

Gritters electric inc. is Existing or more than 2 years old

GRITTERS ELECTRIC INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GRITTERS ELECTRIC INC.

Borrower Address

210 SE 14th St.

Borrower City

PELLA

Borrower State

IA

Borrower Zip

50219-2234

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25371

Servicing Lender Name

Marion County State Bank

Servicing Lender Address

800 Main St

Servicing Lender City

PELLA

Servicing Lender State

IA

Servicing Lender Zip

50219-1522

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELLA

Project County Name

MARION

Project State

IA

Project Zip

50219-2234

CD

IA-01

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

25371

Originating Lender

Marion County State Bank

Originating Lender City

PELLA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125681.51

Forgiveness Date

11/03/2020

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