PPP Loan information for Pedersen electric inc

$44,900

Pedersen electric inc was initially approved for PPP Loan of amount $44,900, the current approved amount is $44,900. The loan was approved on 04/07/2020 by The Bank Midwest reported 6 jobs and $44,900 was used to fund payroll.

Pedersen electric inc is Existing or more than 2 years old

PPP Loan Search / IA / MILFORD / Pedersen electric inc

PEDERSEN ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PEDERSEN ELECTRIC INC

Borrower Address

6 AIRPORT DR

Borrower City

MILFORD

Borrower State

IA

Borrower Zip

51351-8400

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44900.00

Current Approval Amount

44900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

DICKINSON

Project State

IA

Project Zip

51351-8400

CD

IA-04

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44900.00

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

Corporation

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45312.83

Forgiveness Date

03/25/2021

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