PPP Loan information for Twin city electric inc

$290,900

Twin city electric inc was initially approved for PPP Loan of amount $290,900, the current approved amount is $290,900. The loan was approved on 04/05/2020 by The First Mid Bank & Trust, National Association reported 13 jobs and $290,900 was used to fund payroll.

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

PPP Loan Search / IL / BLOOMINGTON / Twin city electric inc

TWIN CITY ELECTRIC INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TWIN CITY ELECTRIC INC

Borrower Address

1701 EASY ST

Borrower City

BLOOMINGTON

Borrower State

IL

Borrower Zip

61701-6833

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290900.00

Current Approval Amount

290900.00

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

61701-6833

CD

IL-17

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36362.50

Payroll Proceed

218175.00

Mortgage Interest Proceed

36362.50

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

292928.22

Forgiveness Date

12/22/2020

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