PPP Loan information for Electronic communications systems inc.

$110,305

Electronic communications systems inc. was initially approved for PPP Loan of amount $110,305, the current approved amount is $110,305. The loan was approved on 04/13/2020 by The The Peoples State Bank reported 8 jobs and $110,305 was used to fund payroll.

Electronic communications systems inc. is Existing or more than 2 years old

ELECTRONIC COMMUNICATIONS SYSTEMS INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ELECTRONIC COMMUNICATIONS SYSTEMS INC.

Borrower Address

2476 W INDUSTRIAL PARK DR

Borrower City

BLOOMINGTON

Borrower State

IN

Borrower Zip

47404-2690

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110305.00

Current Approval Amount

110305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23067

Servicing Lender Name

The Peoples State Bank

Servicing Lender Address

601 E Temperance St

Servicing Lender City

ELLETTSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47429-2010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MONROE

Project State

IN

Project Zip

47404-2690

CD

IN-09

Jobs Reported

8

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110305.00

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

23067

Originating Lender

The Peoples State Bank

Originating Lender City

ELLETTSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111083.26

Forgiveness Date

12/31/2020

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