PPP Loan information for Woodman electrical contractors, inc

$320,000

Woodman electrical contractors, inc was initially approved for PPP Loan of amount $320,000, the current approved amount is $320,000. The loan was approved on 04/05/2020 by The Availa Bank reported 28 jobs and $320,000 was used to fund payroll.

Woodman electrical contractors, inc is Existing or more than 2 years old

WOODMAN ELECTRICAL CONTRACTORS, INC

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WOODMAN ELECTRICAL CONTRACTORS, INC

Borrower Address

11009 AURORA AVE

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50322-7902

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

320000.00

Current Approval Amount

320000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24654

Servicing Lender Name

Availa Bank

Servicing Lender Address

126 W 6th St

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2341

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANDALE

Project County Name

POLK

Project State

IA

Project Zip

50322-7902

CD

IA-03

Jobs Reported

28

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

24654

Originating Lender

Availa Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

322373.33

Forgiveness Date

01/08/2021

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