PPP Loan information for Toft electric, inc.

$45,500

Toft electric, inc. was initially approved for PPP Loan of amount $45,800, the current approved amount is $45,500. The loan was approved on 04/06/2020 by The Farmers Trust and Savings Bank reported 5 jobs and $45,500 was used to fund payroll.

Toft electric, inc. is Existing or more than 2 years old

PPP Loan Search / IA / ROYAL / Toft electric, inc.

TOFT ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TOFT ELECTRIC, INC.

Borrower Address

314 Main Street PO BOX 200

Borrower City

ROYAL

Borrower State

IA

Borrower Zip

51357-7607

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45800.00

Current Approval Amount

45500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25490

Servicing Lender Name

Farmers Trust and Savings Bank

Servicing Lender Address

125 W 4th St

Servicing Lender City

Spencer

Servicing Lender State

IA

Servicing Lender Zip

51301-3815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYAL

Project County Name

CLAY

Project State

IA

Project Zip

51357-7607

CD

IA-04

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45500.00

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

Corporation

Originating Lender Location Id

25490

Originating Lender

Farmers Trust and Savings Bank

Originating Lender City

Spencer

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45781.85

Forgiveness Date

11/25/2020

;