Woodruff Electric

$69,600 PPP Loan in Moorland, Iowa

Loan Details

Loan Number
3575718410
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$69,600
Current Approval
$69,600
Forgiveness Amount
$70,147
Forgiveness Date
Nov 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Woodruff Electric
Address
1787 250th St
State
Iowa
ZIP Code
50566-7507
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$69,595
Utilities
$1

Lender Information

Servicing Lender
Heartland Bank
Originating Lender
Heartland Bank

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