PPP Loan information for R & j electric , llc

$129,345

R & j electric , llc was initially approved for PPP Loan of amount $129,345, the current approved amount is $129,345. The loan was approved on 04/06/2020 by The Farmers State Bank reported 10 jobs and $129,345 was used to fund payroll.

R & j electric , llc is Existing or more than 2 years old

PPP Loan Search / IA / NORA SPRINGS / R & j electric , llc

R & J ELECTRIC , LLC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

R & J ELECTRIC , LLC

Borrower Address

22 N Hawkeye PO BOX 151

Borrower City

NORA SPRINGS

Borrower State

IA

Borrower Zip

50458-0151

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129345.00

Current Approval Amount

129345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25044

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

99 N 7th St

Servicing Lender City

NORTHWOOD

Servicing Lender State

IA

Servicing Lender Zip

50459-1432

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORA SPRINGS

Project County Name

FLOYD

Project State

IA

Project Zip

50458-0151

CD

IA-02

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

102399.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26946.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25044

Originating Lender

Farmers State Bank

Originating Lender City

NORTHWOOD

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130287.62

Forgiveness Date

01/07/2021

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