PPP Loan information for Van maanen electric inc.

$2,000,000

Van maanen electric inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/26/2021 by The FNNB Bank reported 161 jobs and $2,000,000 was used to fund payroll.

Van maanen electric inc. is Existing or more than 2 years old

PPP Loan Search / IA / Newton / Van maanen electric inc.

VAN MAANEN ELECTRIC INC.

Date Approved

02/26/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

VAN MAANEN ELECTRIC INC.

Borrower Address

500 Iowa Speedway Dr

Borrower City

Newton

Borrower State

IA

Borrower Zip

50208-9400

Loan Status Date

08/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25307

Servicing Lender Name

FNNB Bank

Servicing Lender Address

100 N 2nd Ave W

Servicing Lender City

NEWTON

Servicing Lender State

IA

Servicing Lender Zip

50208-3246

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

JASPER

Project State

IA

Project Zip

50208-9400

CD

IA-01

Jobs Reported

161

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

25307

Originating Lender

FNNB Bank

Originating Lender City

NEWTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2027178.08

Forgiveness Date

07/14/2022

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