PPP Loan information for Premier electrical services co

$281,000

Premier electrical services co was initially approved for PPP Loan of amount $281,000, the current approved amount is $281,000. The loan was approved on 04/04/2020 by The Farmers State Bank reported 20 jobs and $281,000 was used to fund payroll.

Premier electrical services co is Existing or more than 2 years old

PPP Loan Search / IA / HIAWATHA / Premier electrical services co

PREMIER ELECTRICAL SERVICES CO

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PREMIER ELECTRICAL SERVICES CO

Borrower Address

106 EMMONS ST

Borrower City

HIAWATHA

Borrower State

IA

Borrower Zip

52233-1611

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281000.00

Current Approval Amount

281000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIAWATHA

Project County Name

LINN

Project State

IA

Project Zip

52233-1611

CD

IA-02

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

65000.00

Payroll Proceed

211000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

283029.44

Forgiveness Date

12/31/2020

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