PPP Loan information for A&k electric

$235,000

A&k electric was initially approved for PPP Loan of amount $235,000, the current approved amount is $235,000. The loan was approved on 04/06/2020 by The Peoples Bank reported 14 jobs and $235,000 was used to fund payroll.

A&k electric is Existing or more than 2 years old

PPP Loan Search / IA / ROCK VALLEY / A&k electric

A&K ELECTRIC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

A&K ELECTRIC

Borrower Address

813 WESTVIEW DR

Borrower City

ROCK VALLEY

Borrower State

IA

Borrower Zip

51247-7607

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235000.00

Current Approval Amount

235000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25196

Servicing Lender Name

Peoples Bank

Servicing Lender Address

1230 Valley Dr

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1538

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCK VALLEY

Project County Name

SIOUX

Project State

IA

Project Zip

51247-7607

CD

IA-04

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

235000.00

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

25196

Originating Lender

Peoples Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

236945.28

Forgiveness Date

02/09/2021

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