PPP Loan information for Milford electric ii inc.

$74,607

Milford electric ii inc. was initially approved for PPP Loan of amount $74,607, the current approved amount is $74,607. The loan was approved on 06/22/2020 by The Farmers Savings Bank reported 9 jobs and $74,607 was used to fund payroll.

Milford electric ii inc. is Existing or more than 2 years old

PPP Loan Search / IA / MILFORD / Milford electric ii inc.

MILFORD ELECTRIC II INC.

Date Approved

06/22/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MILFORD ELECTRIC II INC.

Borrower Address

502 13th St.

Borrower City

MILFORD

Borrower State

IA

Borrower Zip

51351-1418

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74607.00

Current Approval Amount

74607.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25018

Servicing Lender Name

Farmers Savings Bank

Servicing Lender Address

10 Highway Ave NW

Servicing Lender City

FOSTORIA

Servicing Lender State

IA

Servicing Lender Zip

51340

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

DICKINSON

Project State

IA

Project Zip

51351-1418

CD

IA-04

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14921.00

Payroll Proceed

59686.00

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

25018

Originating Lender

Farmers Savings Bank

Originating Lender City

FOSTORIA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74946.88

Forgiveness Date

12/04/2020

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