PPP Loan information for The electricians, inc.

$55,700

The electricians, inc. was initially approved for PPP Loan of amount $55,700, the current approved amount is $55,700. The loan was approved on 04/15/2020 by The NSB Bank reported 6 jobs and $55,700 was used to fund payroll.

The electricians, inc. is Existing or more than 2 years old

THE ELECTRICIANS, INC.

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THE ELECTRICIANS, INC.

Borrower Address

612 12TH ST NE

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-2321

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55700.00

Current Approval Amount

55700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25313

Servicing Lender Name

NSB Bank

Servicing Lender Address

2650 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4651

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-2321

CD

IA-02

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55700.00

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

25313

Originating Lender

NSB Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56045.03

Forgiveness Date

11/27/2020

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