PPP Loan information for 3rd generation electric inc.

$45,100

3rd generation electric inc. was initially approved for PPP Loan of amount $45,100, the current approved amount is $45,100. The loan was approved on 04/04/2020 by The Pilot Grove Savings Bank reported 5 jobs and $45,100 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

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

3RD GENERATION ELECTRIC INC.

Borrower Address

1712 franklin road

Borrower City

WEST POINT

Borrower State

IA

Borrower Zip

52656-9393

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45100.00

Current Approval Amount

45100.00

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

39026.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6074.00

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

45399.41

Forgiveness Date

12/02/2020

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