Orme Electric, INC

$16,000 PPP Loan in Shenandoah, Iowa

Loan Details

Loan Number
3256297106
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$16,000
Current Approval
$16,000
Forgiveness Amount
$16,080
Forgiveness Date
Oct 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Orme Electric, INC
Address
507 W Lowell Ave
State
Iowa
ZIP Code
51601-1213
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$12,800
Rent
$2,700
Utilities
$500

Lender Information

Servicing Lender
Bank Iowa
Originating Lender
Bank Iowa

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