PPP Loan information for Electric service of clinton inc.

$549,600

Electric service of clinton inc. was initially approved for PPP Loan of amount $549,600, the current approved amount is $549,600. The loan was approved on 04/07/2020 by The Citizens First Bank reported 22 jobs and $549,600 was used to fund payroll.

Electric service of clinton inc. is Existing or more than 2 years old

PPP Loan Search / IA / CLINTON / Electric service of clinton inc.

ELECTRIC SERVICE OF CLINTON INC.

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ELECTRIC SERVICE OF CLINTON INC.

Borrower Address

1115 S 14TH ST

Borrower City

CLINTON

Borrower State

IA

Borrower Zip

52732-6405

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

549600.00

Current Approval Amount

549600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124516

Servicing Lender Name

Citizens First Bank

Servicing Lender Address

1442 Lincolnway

Servicing Lender City

CLINTON

Servicing Lender State

IA

Servicing Lender Zip

52732-7043

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

CLINTON

Project State

IA

Project Zip

52732-6405

CD

IA-01

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

68700.00

Payroll Proceed

412200.00

Mortgage Interest Proceed

0.00

Rent Proceed

68700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124516

Originating Lender

Citizens First Bank

Originating Lender City

CLINTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

555592.90

Forgiveness Date

05/21/2021

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