PPP Loan information for Central city electric inc

$63,829

Central city electric inc was initially approved for PPP Loan of amount $63,829, the current approved amount is $63,829. The loan was approved on 04/08/2020 by The Community Bank and Trust Company reported 9 jobs and $63,829 was used to fund payroll.

Central city electric inc is Existing or more than 2 years old

PPP Loan Search / IA / DURANT / Central city electric inc

CENTRAL CITY ELECTRIC INC

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CENTRAL CITY ELECTRIC INC

Borrower Address

620 5TH ST

Borrower City

DURANT

Borrower State

IA

Borrower Zip

52747-7732

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63828.72

Current Approval Amount

63828.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25290

Servicing Lender Name

Community Bank and Trust Company

Servicing Lender Address

2609 2nd Ave

Servicing Lender City

MUSCATINE

Servicing Lender State

IA

Servicing Lender Zip

52761-5681

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANT

Project County Name

CEDAR

Project State

IA

Project Zip

52747-7732

CD

IA-01

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

890.00

Payroll Proceed

57938.72

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25290

Originating Lender

Community Bank and Trust Company

Originating Lender City

MUSCATINE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

64300.34

Forgiveness Date

01/07/2021

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