PPP Loan information for S & s electric ltd

$50,000

S & s electric ltd was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 05/27/2020 by The WebBank reported 11 jobs and $50,000 was used to fund payroll.

S & s electric ltd is Existing or more than 2 years old

S & S ELECTRIC LTD

Date Approved

05/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

S & S ELECTRIC LTD

Borrower Address

175 Hwy 6

Borrower City

Grinnell

Borrower State

IA

Borrower Zip

50112

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grinnell

Project County Name

POWESHIEK

Project State

IA

Project Zip

50112-0001

CD

IA-02

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50498.61

Forgiveness Date

05/27/2021

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