PPP Loan information for Woodruff electric

$69,600

Woodruff electric was initially approved for PPP Loan of amount $69,600, the current approved amount is $69,600. The loan was approved on 02/05/2021 by The Heartland Bank reported 5 jobs and $69,600 was used to fund payroll.

Woodruff electric is Existing or more than 2 years old

PPP Loan Search / IA / Moorland / Woodruff electric

WOODRUFF ELECTRIC

Date Approved

02/05/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

WOODRUFF ELECTRIC

Borrower Address

1787 250th St

Borrower City

Moorland

Borrower State

IA

Borrower Zip

50566-7507

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69600.00

Current Approval Amount

69600.00

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

Existing or more than 2 years old

Project City

Moorland

Project County Name

WEBSTER

Project State

IA

Project Zip

50566-7507

CD

IA-04

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

69595.00

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

70147.13

Forgiveness Date

11/22/2021

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