PPP Loan information for Twin city electric co. inc.

$722,432

Twin city electric co. inc. was initially approved for PPP Loan of amount $722,432, the current approved amount is $722,432. The loan was approved on 04/30/2020 by The Horizon Bank reported 58 jobs and $722,432 was used to fund payroll.

Twin city electric co. inc. is Unanswered

PPP Loan Search / IN / LAFAYETTE / Twin city electric co. inc.

TWIN CITY ELECTRIC CO. INC.

Date Approved

04/30/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

TWIN CITY ELECTRIC CO. INC.

Borrower Address

3416 BRADY LANE

Borrower City

LAFAYETTE

Borrower State

IN

Borrower Zip

47909

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

722432.00

Current Approval Amount

722432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

LAFAYETTE

Project County Name

TIPPECANOE

Project State

IN

Project Zip

47909-0002

CD

IN-04

Jobs Reported

58

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

72243.00

Payroll Proceed

577946.00

Mortgage Interest Proceed

72243.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

732051.23

Forgiveness Date

09/07/2021

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