PPP Loan information for I&p electric inc.

$172,627

I&p electric inc. was initially approved for PPP Loan of amount $200,000, the current approved amount is $172,627. The loan was approved on 04/28/2020 by The Old National Bank reported 14 jobs and $172,627 was used to fund payroll.

I&p electric inc. is Existing or more than 2 years old

PPP Loan Search / IN / Crown Point / I&p electric inc.

I&P ELECTRIC INC.

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

I&P ELECTRIC INC.

Borrower Address

11148 Virginia St

Borrower City

Crown Point

Borrower State

IN

Borrower Zip

46307-0083

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

172627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crown Point

Project County Name

LAKE

Project State

IN

Project Zip

46307-0083

CD

IN-01

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172627.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173777.85

Forgiveness Date

12/31/2020

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