PPP Loan information for Ingalls electric

$18,500

Ingalls electric was initially approved for PPP Loan of amount $18,500, the current approved amount is $18,500. The loan was approved on 05/04/2020 by The Iowa State Bank reported 2 jobs and $18,500 was used to fund payroll.

Ingalls electric is Existing or more than 2 years old

PPP Loan Search / IA / BANCROFT / Ingalls electric

INGALLS ELECTRIC

Date Approved

05/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

INGALLS ELECTRIC

Borrower Address

518 S. Portland Street

Borrower City

BANCROFT

Borrower State

IA

Borrower Zip

50517

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18500.00

Current Approval Amount

18500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANCROFT

Project County Name

KOSSUTH

Project State

IA

Project Zip

50517-0011

CD

IA-04

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18500.00

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

Sole Proprietorship

Originating Lender Location Id

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

18701.96

Forgiveness Date

06/04/2021

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