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Milford Electric II Inc.

$74,607 PPP Loan in Milford, Iowa

Loan Details

Loan Number
1380478008
Date Approved
Jun 22, 2020
Loan Status
Paid in Full
Initial Approval
$74,607
Current Approval
$74,607
Forgiveness Amount
$74,947
Forgiveness Date
Dec 4, 2020
Term
60 months
Draw
First Draw

Business Information

Business Name
Milford Electric II Inc.
Address
502 13th St.
City
Milford
State
Iowa
ZIP Code
51351-1418
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$59,686
Utilities
$14,921

Lender Information

Servicing Lender
Farmers Savings Bank
Originating Lender
Farmers Savings Bank

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