PPP Loan information for H.c. determan electric company

$239,600

H.c. determan electric company was initially approved for PPP Loan of amount $246,600, the current approved amount is $239,600. The loan was approved on 04/07/2020 by The First Citizens Bank reported 12 jobs and $239,600 was used to fund payroll.

H.c. determan electric company is Existing or more than 2 years old

PPP Loan Search / IA / MASON CITY / H.c. determan electric company

H.C. DETERMAN ELECTRIC COMPANY

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

H.C. DETERMAN ELECTRIC COMPANY

Borrower Address

1350 S HARRISON AVE

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-4902

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246600.00

Current Approval Amount

239600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-4902

CD

IA-02

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

179700.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

241476.87

Forgiveness Date

01/25/2021

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