PPP Loan information for Turner electric co. inc.

$54,555

Turner electric co. inc. was initially approved for PPP Loan of amount $54,555, the current approved amount is $54,555. The loan was approved on 04/27/2020 by The Citizens First Bank reported 7 jobs and $54,555 was used to fund payroll.

Turner electric co. inc. is Existing or more than 2 years old

PPP Loan Search / IA / CLINTON / Turner electric co. inc.

TURNER ELECTRIC CO. INC.

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

TURNER ELECTRIC CO. INC.

Borrower Address

317 N 2ND ST

Borrower City

CLINTON

Borrower State

IA

Borrower Zip

52732-4026

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54555.00

Current Approval Amount

54555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124516

Servicing Lender Name

Citizens First Bank

Servicing Lender Address

1442 Lincolnway

Servicing Lender City

CLINTON

Servicing Lender State

IA

Servicing Lender Zip

52732-7043

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

CLINTON

Project State

IA

Project Zip

52732-4026

CD

IA-01

Jobs Reported

7

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4100.00

Payroll Proceed

47205.00

Mortgage Interest Proceed

0.00

Rent Proceed

3250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124516

Originating Lender

Citizens First Bank

Originating Lender City

CLINTON

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

54838.38

Forgiveness Date

11/05/2020

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