PPP Loan information for Ibid county electric inc

$1,383,481

Ibid county electric inc was initially approved for PPP Loan of amount $1,383,481, the current approved amount is $1,383,481. The loan was approved on 04/03/2021 by The The Huntington National Bank reported 44 jobs and $1,383,481 was used to fund payroll.

Ibid county electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Benton Harbor / Ibid county electric inc

IBID COUNTY ELECTRIC INC

Date Approved

04/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

IBID COUNTY ELECTRIC INC

Borrower Address

1523 Norton Ave

Borrower City

Benton Harbor

Borrower State

MI

Borrower Zip

49022-3933

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1383480.60

Current Approval Amount

1383480.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Benton Harbor

Project County Name

BERRIEN

Project State

MI

Project Zip

49022-3933

CD

MI-06

Jobs Reported

44

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1383478.60

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1391364.54

Forgiveness Date

11/16/2021

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