PPP Loan information for New age electric, llc

$112,800

New age electric, llc was initially approved for PPP Loan of amount $112,800, the current approved amount is $112,800. The loan was approved on 04/07/2020 by The First Bank reported 15 jobs and $112,800 was used to fund payroll.

New age electric, llc is Existing or more than 2 years old

PPP Loan Search / IA / DENVER / New age electric, llc

NEW AGE ELECTRIC, LLC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

NEW AGE ELECTRIC, LLC

Borrower Address

2625 KILLDEER AVE

Borrower City

DENVER

Borrower State

IA

Borrower Zip

50622-1035

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112800.00

Current Approval Amount

112800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

BREMER

Project State

IA

Project Zip

50622-1035

CD

IA-02

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2400.00

Payroll Proceed

81100.00

Mortgage Interest Proceed

0.00

Rent Proceed

7700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21400.00

Debt Interest Proceed

200

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113429.80

Forgiveness Date

11/03/2020

;