PPP Loan information for Mid iowa electric inc

$230,000

Mid iowa electric inc was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 04/04/2020 by The Central Bank reported 27 jobs and $230,000 was used to fund payroll.

Mid iowa electric inc is Existing or more than 2 years old

PPP Loan Search / IA / WAUKEE / Mid iowa electric inc

MID IOWA ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MID IOWA ELECTRIC INC

Borrower Address

33263 Ute Ave

Borrower City

WAUKEE

Borrower State

IA

Borrower Zip

50263-7537

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25506

Servicing Lender Name

Central Bank

Servicing Lender Address

600 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1852

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKEE

Project County Name

DALLAS

Project State

IA

Project Zip

50263-7537

CD

IA-03

Jobs Reported

27

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

230000.00

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

25506

Originating Lender

Central Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231788.89

Forgiveness Date

01/20/2021

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