PPP Loan information for B&j electric llc

$49,972

B&j electric llc was initially approved for PPP Loan of amount $49,972, the current approved amount is $49,972. The loan was approved on 04/13/2020 by The First Trust and Savings Bank reported 3 jobs and $49,972 was used to fund payroll.

B&j electric llc is Existing or more than 2 years old

B&J ELECTRIC LLC

Date Approved

04/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

B&J ELECTRIC LLC

Borrower Address

720 East Street

Borrower City

GRAND MOUND

Borrower State

IA

Borrower Zip

52751-9655

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49972.00

Current Approval Amount

49972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25605

Servicing Lender Name

First Trust and Savings Bank

Servicing Lender Address

123 S Main St

Servicing Lender City

WHEATLAND

Servicing Lender State

IA

Servicing Lender Zip

52777

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND MOUND

Project County Name

CLINTON

Project State

IA

Project Zip

52751-9655

CD

IA-01

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49972.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25605

Originating Lender

First Trust and Savings Bank

Originating Lender City

WHEATLAND

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50219.81

Forgiveness Date

10/21/2020

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