PPP Loan information for Thole electric, llc

$14,900

Thole electric, llc was initially approved for PPP Loan of amount $14,900, the current approved amount is $14,900. The loan was approved on 04/30/2020 by The Farmers & Merchants Savings Bank reported 3 jobs and $14,900 was used to fund payroll.

Thole electric, llc is Existing or more than 2 years old

THOLE ELECTRIC, LLC

Date Approved

04/30/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THOLE ELECTRIC, LLC

Borrower Address

2628 HIGHWAY 13

Borrower City

MANCHESTER

Borrower State

IA

Borrower Zip

52057-8512

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14900.00

Current Approval Amount

14900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

DELAWARE

Project State

IA

Project Zip

52057-8512

CD

IA-02

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

14972.84

Forgiveness Date

11/02/2020

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