PPP Loan information for Justice electric co.

$306,152

Justice electric co. was initially approved for PPP Loan of amount $306,152, the current approved amount is $306,152. The loan was approved on 04/13/2021 by The Cedar Rapids Bank and Trust Company reported 27 jobs and $306,152 was used to fund payroll.

Justice electric co. is Existing or more than 2 years old

JUSTICE ELECTRIC CO.

Date Approved

04/13/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

JUSTICE ELECTRIC CO.

Borrower Address

312 7th Ave SE

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52401-2017

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306152.00

Current Approval Amount

306152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52401-2017

CD

IA-02

Jobs Reported

27

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

306151.00

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

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309247.54

Forgiveness Date

04/13/2022

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