PPP Loan information for O'neal electric company

$126,400

O'neal electric company was initially approved for PPP Loan of amount $126,400, the current approved amount is $126,400. The loan was approved on 04/05/2020 by The Houghton State Bank reported 16 jobs and $126,400 was used to fund payroll.

O'neal electric company is Existing or more than 2 years old

PPP Loan Search / IA / RED OAK / O'neal electric company

O'NEAL ELECTRIC COMPANY

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

O'NEAL ELECTRIC COMPANY

Borrower Address

1705 E SUMMIT ST

Borrower City

RED OAK

Borrower State

IA

Borrower Zip

51566-1710

Loan Status Date

01/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126400.00

Current Approval Amount

126400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25408

Servicing Lender Name

Houghton State Bank

Servicing Lender Address

116 Coolbaugh St

Servicing Lender City

RED OAK

Servicing Lender State

IA

Servicing Lender Zip

51566-2273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED OAK

Project County Name

MONTGOMERY

Project State

IA

Project Zip

51566-1710

CD

IA-03

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

400.00

Payroll Proceed

121000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25408

Originating Lender

Houghton State Bank

Originating Lender City

RED OAK

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127133.82

Forgiveness Date

11/03/2020

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