PPP Loan information for Russell's electric, inc

$17,400

Russell's electric, inc was initially approved for PPP Loan of amount $17,400, the current approved amount is $17,400. The loan was approved on 04/09/2020 by The Peoples Bank reported 2 jobs and $17,400 was used to fund payroll.

Russell's electric, inc is Existing or more than 2 years old

PPP Loan Search / IA / SIOUX CENTER / Russell's electric, inc

RUSSELL'S ELECTRIC, INC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RUSSELL'S ELECTRIC, INC

Borrower Address

3142 370TH ST

Borrower City

SIOUX CENTER

Borrower State

IA

Borrower Zip

51250-7540

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17400.00

Current Approval Amount

17400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25196

Servicing Lender Name

Peoples Bank

Servicing Lender Address

1230 Valley Dr

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1538

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CENTER

Project County Name

SIOUX

Project State

IA

Project Zip

51250-7540

CD

IA-04

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17400.00

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

25196

Originating Lender

Peoples Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

17604.93

Forgiveness Date

06/16/2021

;