PPP Loan information for S. e. electric inc

$125,621

S. e. electric inc was initially approved for PPP Loan of amount $125,621, the current approved amount is $125,621. The loan was approved on 05/14/2020 by The Cross River Bank reported 7 jobs and $125,621 was used to fund payroll.

S. e. electric inc is Existing or more than 2 years old

S. E. ELECTRIC INC

Date Approved

05/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

S. E. ELECTRIC INC

Borrower Address

1202 Highland Ct.

Borrower City

Iowa City

Borrower State

IA

Borrower Zip

52240

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125621.00

Current Approval Amount

125621.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Iowa City

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-0001

CD

IA-01

Jobs Reported

7

NAICS Code

236220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125621.00

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

Corporation

Originating Lender Location Id

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

127517.36

Forgiveness Date

11/17/2021

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