PPP Loan information for Red power, l.l.c.

$28,100

Red power, l.l.c. was initially approved for PPP Loan of amount $28,100, the current approved amount is $28,100. The loan was approved on 04/27/2020 by The United Bank of Iowa reported 3 jobs and $28,100 was used to fund payroll.

Red power, l.l.c. is Existing or more than 2 years old

RED POWER, L.L.C.

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RED POWER, L.L.C.

Borrower Address

5913 235th St

Borrower City

Ida Grove

Borrower State

IA

Borrower Zip

51445-8091

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28100.00

Current Approval Amount

28100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25108

Servicing Lender Name

United Bank of Iowa

Servicing Lender Address

501 2nd St

Servicing Lender City

IDA GROVE

Servicing Lender State

IA

Servicing Lender Zip

51445-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ida Grove

Project County Name

IDA

Project State

IA

Project Zip

51445-8091

CD

IA-04

Jobs Reported

3

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1108.00

Payroll Proceed

24492.00

Mortgage Interest Proceed

0.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25108

Originating Lender

United Bank of Iowa

Originating Lender City

IDA GROVE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28272.45

Forgiveness Date

12/09/2020

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