PPP Loan information for Red line electric, llc

$34,530

Red line electric, llc was initially approved for PPP Loan of amount $34,530, the current approved amount is $34,530. The loan was approved on 04/04/2020 by The Midwest Heritage Bank, F.S.B. reported 4 jobs and $34,530 was used to fund payroll.

Red line electric, llc is Existing or more than 2 years old

RED LINE ELECTRIC, LLC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RED LINE ELECTRIC, LLC

Borrower Address

2760 NW 164th St

Borrower City

CLIVE

Borrower State

IA

Borrower Zip

50325-2506

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34530.00

Current Approval Amount

34530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119840

Servicing Lender Name

Midwest Heritage Bank, F.S.B.

Servicing Lender Address

3580 EP True Pkwy, Ste 100

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50265-7654

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIVE

Project County Name

DALLAS

Project State

IA

Project Zip

50325-2506

CD

IA-03

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34530.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

119840

Originating Lender

Midwest Heritage Bank, F.S.B.

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34786.10

Forgiveness Date

01/07/2021

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