Date Approved
06/22/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
MILFORD ELECTRIC II INC.
Borrower Address
502 13th St.
Borrower City
MILFORD
Borrower State
IA
Borrower Zip
51351-1418
Loan Status Date
02/12/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
74607.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25018
Servicing Lender Name
Farmers Savings Bank
Servicing Lender Address
10 Highway Ave NW
Servicing Lender City
FOSTORIA
Servicing Lender State
Servicing Lender Zip
51340
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DICKINSON
Project State
Project Zip
CD
IA-04
Jobs Reported
9
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
14921.00
Payroll Proceed
59686.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
74946.88
Forgiveness Date
12/04/2020