PPP Loan information for O'neal electric company

$126,895

O'neal electric company was initially approved for PPP Loan of amount $126,895, the current approved amount is $126,895. The loan was approved on 01/19/2021 by The Houghton State Bank reported 11 jobs and $126,895 was used to fund payroll.

O'neal electric company is Existing or more than 2 years old

O'NEAL ELECTRIC COMPANY

Date Approved

01/19/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

O'NEAL ELECTRIC COMPANY

Borrower Address

1705 E Summit St

Borrower City

Red Oak

Borrower State

IA

Borrower Zip

51566-1710

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

126895.00

Current Approval Amount

126895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25408

Servicing Lender Name

Houghton State Bank

Servicing Lender Address

116 Coolbaugh St

Servicing Lender City

RED OAK

Servicing Lender State

IA

Servicing Lender Zip

51566-2273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Red Oak

Project County Name

MONTGOMERY

Project State

IA

Project Zip

51566-1710

CD

IA-03

Jobs Reported

11

NAICS Code

333413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

126893.00

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

Corporation

Originating Lender Location Id

25408

Originating Lender

Houghton State Bank

Originating Lender City

RED OAK

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127399.06

Forgiveness Date

06/15/2021

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