PPP Loan information for Twin city electric inc

$290,883

Twin city electric inc was initially approved for PPP Loan of amount $290,883, the current approved amount is $290,883. The loan was approved on 01/21/2021 by The First Mid Bank & Trust, National Association reported 13 jobs and $290,883 was used to fund payroll.

Twin city electric inc is Existing or more than 2 years old

TWIN CITY ELECTRIC INC

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

TWIN CITY ELECTRIC INC

Borrower Address

1701 Easy St

Borrower City

Bloomington

Borrower State

IL

Borrower Zip

61701-6874

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

290882.50

Current Approval Amount

290882.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MCLEAN

Project State

IL

Project Zip

61701-6874

CD

IL-17

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

290880.50

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

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

292886.36

Forgiveness Date

10/04/2021

;