PPP Loan information for 3rd generation electric inc.

$52,900

3rd generation electric inc. was initially approved for PPP Loan of amount $52,900, the current approved amount is $52,900. The loan was approved on 01/19/2021 by The Pilot Grove Savings Bank reported 5 jobs and $52,900 was used to fund payroll.

3rd generation electric inc. is Existing or more than 2 years old

PPP Loan Search / IA / West Point / 3rd generation electric inc.

3RD GENERATION ELECTRIC INC.

Date Approved

01/19/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

3RD GENERATION ELECTRIC INC.

Borrower Address

1712 Franklin Rd

Borrower City

West Point

Borrower State

IA

Borrower Zip

52656-9393

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52900.00

Current Approval Amount

52900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25378

Servicing Lender Name

Pilot Grove Savings Bank

Servicing Lender Address

1341 Pilot Grove Rd

Servicing Lender City

PILOT GROVE

Servicing Lender State

IA

Servicing Lender Zip

52648-5000

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Point

Project County Name

LEE

Project State

IA

Project Zip

52656-9393

CD

IA-01

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52900.00

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

25378

Originating Lender

Pilot Grove Savings Bank

Originating Lender City

PILOT GROVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

53135.11

Forgiveness Date

06/30/2021

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