PPP Loan information for Ridgway electric llc

$61,592

Ridgway electric llc was initially approved for PPP Loan of amount $61,592, the current approved amount is $61,592. The loan was approved on 03/27/2021 by The South Ottumwa Savings Bank reported 6 jobs and $61,592 was used to fund payroll.

Ridgway electric llc is Existing or more than 2 years old

PPP Loan Search / IA / Ottumwa / Ridgway electric llc

RIDGWAY ELECTRIC LLC

Date Approved

03/27/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

RIDGWAY ELECTRIC LLC

Borrower Address

429 W 2nd St

Borrower City

Ottumwa

Borrower State

IA

Borrower Zip

52501-2308

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61591.88

Current Approval Amount

61591.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25361

Servicing Lender Name

South Ottumwa Savings Bank

Servicing Lender Address

320 Church St

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-4211

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ottumwa

Project County Name

WAPELLO

Project State

IA

Project Zip

52501-2308

CD

IA-03

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

61589.88

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

25361

Originating Lender

South Ottumwa Savings Bank

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61940.90

Forgiveness Date

10/25/2021

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