PPP Loan information for Massner electric inc

$22,500

Massner electric inc was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,500. The loan was approved on 04/28/2020 by The Mediapolis Savings Bank reported 5 jobs and $22,500 was used to fund payroll.

Massner electric inc is New Business or 2 years or less

PPP Loan Search / IA / WAPELLO / Massner electric inc

MASSNER ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MASSNER ELECTRIC INC

Borrower Address

1501 123rd Ave

Borrower City

WAPELLO

Borrower State

IA

Borrower Zip

52653

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25258

Servicing Lender Name

Mediapolis Savings Bank

Servicing Lender Address

605 Main St

Servicing Lender City

MEDIAPOLIS

Servicing Lender State

IA

Servicing Lender Zip

52637

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WAPELLO

Project County Name

LOUISA

Project State

IA

Project Zip

52653-0001

CD

IA-01

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22500.00

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

Subchapter S Corporation

Originating Lender Location Id

25258

Originating Lender

Mediapolis Savings Bank

Originating Lender City

MEDIAPOLIS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22599.86

Forgiveness Date

10/13/2020

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