PPP Loan information for Woodruff electric

$47,120

Woodruff electric was initially approved for PPP Loan of amount $47,120, the current approved amount is $47,120. The loan was approved on 04/10/2020 by The Heartland Bank reported 3 jobs and $47,120 was used to fund payroll.

Woodruff electric is New Business or 2 years or less

PPP Loan Search / IA / MOORLAND / Woodruff electric

WOODRUFF ELECTRIC

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WOODRUFF ELECTRIC

Borrower Address

1787 250TH ST

Borrower City

MOORLAND

Borrower State

IA

Borrower Zip

50566-7507

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47120.00

Current Approval Amount

47120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25488

Servicing Lender Name

Heartland Bank

Servicing Lender Address

615 6th Ave

Servicing Lender City

SOMERS

Servicing Lender State

IA

Servicing Lender Zip

50586-5006

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOORLAND

Project County Name

WEBSTER

Project State

IA

Project Zip

50566-7507

CD

IA-04

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47120.00

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

25488

Originating Lender

Heartland Bank

Originating Lender City

SOMERS

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

47627.85

Forgiveness Date

05/11/2021

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