PPP Loan information for Switch electric llc

$20,600

Switch electric llc was initially approved for PPP Loan of amount $20,600, the current approved amount is $20,600. The loan was approved on 04/09/2020 by The Farmers State Bank reported 3 jobs and $20,600 was used to fund payroll.

Switch electric llc is New Business or 2 years or less

PPP Loan Search / IA / MARION / Switch electric llc

SWITCH ELECTRIC LLC

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SWITCH ELECTRIC LLC

Borrower Address

3007 KINSALE DR

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-4822

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20600.00

Current Approval Amount

20600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-4822

CD

IA-02

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2060.00

Payroll Proceed

16480.00

Mortgage Interest Proceed

0.00

Rent Proceed

2060.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20727.03

Forgiveness Date

11/27/2020

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