PPP Loan information for E & j electric, inc

$301,916

E & j electric, inc was initially approved for PPP Loan of amount $301,916, the current approved amount is $301,916. The loan was approved on 04/08/2020 by The Bridge Community Bank reported 21 jobs and $301,916 was used to fund payroll.

E & j electric, inc is Existing or more than 2 years old

PPP Loan Search / IA / SOLON / E & j electric, inc

E & J ELECTRIC, INC

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

E & J ELECTRIC, INC

Borrower Address

400 EAST MAIN STREET

Borrower City

SOLON

Borrower State

IA

Borrower Zip

52333-8505

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301916.00

Current Approval Amount

301916.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25256

Servicing Lender Name

Bridge Community Bank

Servicing Lender Address

302 Hwy 1 SE

Servicing Lender City

MOUNT VERNON

Servicing Lender State

IA

Servicing Lender Zip

52314-9501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOLON

Project County Name

JOHNSON

Project State

IA

Project Zip

52333-8505

CD

IA-01

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

294385.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7530.50

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25256

Originating Lender

Bridge Community Bank

Originating Lender City

MOUNT VERNON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303836.52

Forgiveness Date

11/25/2020

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