PPP Loan information for Mrk electric inc

$39,924

Mrk electric inc was initially approved for PPP Loan of amount $39,924, the current approved amount is $39,924. The loan was approved on 02/14/2021 by The Citizens State Bank reported 4 jobs and $39,924 was used to fund payroll.

Mrk electric inc is Existing or more than 2 years old

PPP Loan Search / IA / Sheldon / Mrk electric inc

MRK ELECTRIC INC

Date Approved

02/14/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MRK ELECTRIC INC

Borrower Address

2969 Lily Ave

Borrower City

Sheldon

Borrower State

IA

Borrower Zip

51201-8057

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39924.00

Current Approval Amount

39924.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25457

Servicing Lender Name

Citizens State Bank

Servicing Lender Address

808 3rd Ave

Servicing Lender City

SHELDON

Servicing Lender State

IA

Servicing Lender Zip

51201-1547

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sheldon

Project County Name

SIOUX

Project State

IA

Project Zip

51201-8057

CD

IA-04

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39924.00

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

25457

Originating Lender

Citizens State Bank

Originating Lender City

SHELDON

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40072.76

Forgiveness Date

07/06/2021

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