PPP Loan information for Lowry electric inc.

$20,100

Lowry electric inc. was initially approved for PPP Loan of amount $20,100, the current approved amount is $20,100. The loan was approved on 04/06/2020 by The County Bank reported 2 jobs and $20,100 was used to fund payroll.

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

LOWRY ELECTRIC INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LOWRY ELECTRIC INC.

Borrower Address

405 W Madison St. PO BOX 447

Borrower City

MONTEZUMA

Borrower State

IA

Borrower Zip

50171-0447

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20100.00

Current Approval Amount

20100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25465

Servicing Lender Name

County Bank

Servicing Lender Address

201 S Jefferson St

Servicing Lender City

SIGOURNEY

Servicing Lender State

IA

Servicing Lender Zip

52591-1515

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTEZUMA

Project County Name

POWESHIEK

Project State

IA

Project Zip

50171-0447

CD

IA-02

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2512.00

Payroll Proceed

15075.00

Mortgage Interest Proceed

0.00

Rent Proceed

2513.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25465

Originating Lender

County Bank

Originating Lender City

SIGOURNEY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20199.94

Forgiveness Date

10/13/2020

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