PPP Loan information for Switch electric llc

$31,187

Switch electric llc was initially approved for PPP Loan of amount $31,187, the current approved amount is $31,187. The loan was approved on 01/20/2021 by The Lincoln Savings Bank reported 4 jobs and $31,187 was used to fund payroll.

Switch electric llc is Existing or more than 2 years old

PPP Loan Search / IA / Marion / Switch electric llc

SWITCH ELECTRIC LLC

Date Approved

01/20/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

SWITCH ELECTRIC LLC

Borrower Address

3007 Kinsale Dr

Borrower City

Marion

Borrower State

IA

Borrower Zip

52302-4822

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31187.10

Current Approval Amount

31187.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

LINN

Project State

IA

Project Zip

52302-4822

CD

IA-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

31185.10

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

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

31311.85

Forgiveness Date

06/25/2021

;