PPP Loan information for Wellington electric inc.

$18,758

Wellington electric inc. was initially approved for PPP Loan of amount $18,758, the current approved amount is $18,758. The loan was approved on 01/26/2021 by The American State Bank reported 3 jobs and $18,758 was used to fund payroll.

Wellington electric inc. is Existing or more than 2 years old

PPP Loan Search / IA / Mount Pleasant / Wellington electric inc.

WELLINGTON ELECTRIC INC.

Date Approved

01/26/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

WELLINGTON ELECTRIC INC.

Borrower Address

1801 E Monroe St

Borrower City

Mount Pleasant

Borrower State

IA

Borrower Zip

52641-1880

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18757.50

Current Approval Amount

18757.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Pleasant

Project County Name

HENRY

Project State

IA

Project Zip

52641-1880

CD

IA-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

18752.50

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

Subchapter S Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18855.14

Forgiveness Date

08/11/2021

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