PPP Loan information for Guarantee electric company

$42,800

Guarantee electric company was initially approved for PPP Loan of amount $42,800, the current approved amount is $42,800. The loan was approved on 04/04/2020 by The Five Points Bank of Hastings reported 5 jobs and $42,800 was used to fund payroll.

Guarantee electric company is Existing or more than 2 years old

GUARANTEE ELECTRIC COMPANY

Date Approved

04/04/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

GUARANTEE ELECTRIC COMPANY

Borrower Address

1524 WEST 8TH ST

Borrower City

HASTINGS

Borrower State

NE

Borrower Zip

68901-4340

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42800.00

Current Approval Amount

42800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42664

Servicing Lender Name

Five Points Bank of Hastings

Servicing Lender Address

2815 Osborne Dr West

Servicing Lender City

HASTINGS

Servicing Lender State

NE

Servicing Lender Zip

68901-9102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

ADAMS

Project State

NE

Project Zip

68901-4340

CD

NE-03

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42800.00

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

Subchapter S Corporation

Originating Lender Location Id

42664

Originating Lender

Five Points Bank of Hastings

Originating Lender City

HASTINGS

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43011.62

Forgiveness Date

10/13/2020

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