PPP Loan information for Washington electric service inc

$43,935

Washington electric service inc was initially approved for PPP Loan of amount $43,935, the current approved amount is $43,935. The loan was approved on 01/22/2021 by The CBI Bank & Trust reported 4 jobs and $43,935 was used to fund payroll.

Washington electric service inc is Existing or more than 2 years old

WASHINGTON ELECTRIC SERVICE INC

Date Approved

01/22/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WASHINGTON ELECTRIC SERVICE INC

Borrower Address

1011 N Marion Ave

Borrower City

Washington

Borrower State

IA

Borrower Zip

52353-2539

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43935.00

Current Approval Amount

43935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25284

Servicing Lender Name

CBI Bank & Trust

Servicing Lender Address

301 Iowa Ave

Servicing Lender City

MUSCATINE

Servicing Lender State

IA

Servicing Lender Zip

52761-3844

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

WASHINGTON

Project State

IA

Project Zip

52353-2539

CD

IA-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43933.00

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

Subchapter S Corporation

Originating Lender Location Id

25284

Originating Lender

CBI Bank & Trust

Originating Lender City

MUSCATINE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44104.64

Forgiveness Date

06/15/2021

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