PPP Loan information for Al's electric

$23,400

Al's electric was initially approved for PPP Loan of amount $23,400, the current approved amount is $23,400. The loan was approved on 04/13/2020 by The Farmers State Bank reported 2 jobs and $23,400 was used to fund payroll.

Al's electric is Existing or more than 2 years old

PPP Loan Search / IA / SAINT ANSGAR / Al's electric

AL'S ELECTRIC

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AL'S ELECTRIC

Borrower Address

204 S. FRANKLIN ST

Borrower City

SAINT ANSGAR

Borrower State

IA

Borrower Zip

50472-1421

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23400.00

Current Approval Amount

23400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25044

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

99 N 7th St

Servicing Lender City

NORTHWOOD

Servicing Lender State

IA

Servicing Lender Zip

50459-1432

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT ANSGAR

Project County Name

MITCHELL

Project State

IA

Project Zip

50472-1421

CD

IA-02

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23400.00

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

Sole Proprietorship

Originating Lender Location Id

25044

Originating Lender

Farmers State Bank

Originating Lender City

NORTHWOOD

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23526.94

Forgiveness Date

11/02/2020

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