PPP Loan information for Block electrical contracting inc.

$70,700

Block electrical contracting inc. was initially approved for PPP Loan of amount $70,700, the current approved amount is $70,700. The loan was approved on 04/05/2020 by The Northwest Bank reported 7 jobs and $70,700 was used to fund payroll.

Block electrical contracting inc. is Existing or more than 2 years old

BLOCK ELECTRICAL CONTRACTING INC.

Date Approved

04/05/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

BLOCK ELECTRICAL CONTRACTING INC.

Borrower Address

125 Poplar Street Unit 6

Borrower City

SPRINGFIELD

Borrower State

NE

Borrower Zip

68059-4724

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70700.00

Current Approval Amount

70700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SARPY

Project State

NE

Project Zip

68059-4724

CD

NE-02

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

600.00

Payroll Proceed

61000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5600.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63064.01

Forgiveness Date

11/12/2020

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