PPP Loan information for Buseman electric llc

$13,700

Buseman electric llc was initially approved for PPP Loan of amount $13,700, the current approved amount is $13,700. The loan was approved on 04/28/2020 by The Peoples Savings Bank reported 2 jobs and $13,700 was used to fund payroll.

Buseman electric llc is Existing or more than 2 years old

PPP Loan Search / IA / WELLSBURG / Buseman electric llc

BUSEMAN ELECTRIC LLC

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BUSEMAN ELECTRIC LLC

Borrower Address

205 1ST ST

Borrower City

WELLSBURG

Borrower State

IA

Borrower Zip

50680-7700

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13700.00

Current Approval Amount

13700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25575

Servicing Lender Name

Peoples Savings Bank

Servicing Lender Address

414 N Adams St

Servicing Lender City

WELLSBURG

Servicing Lender State

IA

Servicing Lender Zip

50680

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLSBURG

Project County Name

GRUNDY

Project State

IA

Project Zip

50680-7700

CD

IA-02

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

12700.00

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

25575

Originating Lender

Peoples Savings Bank

Originating Lender City

WELLSBURG

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13761.18

Forgiveness Date

10/13/2020

;