PPP Loan information for Mohrfeld electric inc.

$614,000

Mohrfeld electric inc. was initially approved for PPP Loan of amount $614,000, the current approved amount is $614,000. The loan was approved on 02/06/2021 by The Connection Bank reported 37 jobs and $614,000 was used to fund payroll.

Mohrfeld electric inc. is Existing or more than 2 years old

PPP Loan Search / IA / Fort Madison / Mohrfeld electric inc.

MOHRFELD ELECTRIC INC.

Date Approved

02/06/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

MOHRFELD ELECTRIC INC.

Borrower Address

1124 Avenue H

Borrower City

Fort Madison

Borrower State

IA

Borrower Zip

52627-4542

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

614000.00

Current Approval Amount

614000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25013

Servicing Lender Name

Connection Bank

Servicing Lender Address

636 Ave G

Servicing Lender City

FORT MADISON

Servicing Lender State

IA

Servicing Lender Zip

52627-2925

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fort Madison

Project County Name

LEE

Project State

IA

Project Zip

52627-4542

CD

IA-01

Jobs Reported

37

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

614000.00

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

25013

Originating Lender

Connection Bank

Originating Lender City

FORT MADISON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

617347.56

Forgiveness Date

08/27/2021

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