PPP Loan information for Groe electric, inc.

$45,500

Groe electric, inc. was initially approved for PPP Loan of amount $45,500, the current approved amount is $45,500. The loan was approved on 04/04/2020 by The Manufacturers Bank & Trust Company reported 4 jobs and $45,500 was used to fund payroll.

Groe electric, inc. is Existing or more than 2 years old

PPP Loan Search / IA / LAKE MILLS / Groe electric, inc.

GROE ELECTRIC, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GROE ELECTRIC, INC.

Borrower Address

102 S IOWA ST

Borrower City

LAKE MILLS

Borrower State

IA

Borrower Zip

50450-1649

Loan Status Date

03/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45500.00

Current Approval Amount

45500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE MILLS

Project County Name

WINNEBAGO

Project State

IA

Project Zip

50450-1649

CD

IA-04

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5688.00

Payroll Proceed

34125.00

Mortgage Interest Proceed

5687.00

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

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45774.26

Forgiveness Date

11/17/2020

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