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Black Electric INC

$71,100 PPP Loan in Grinnell, Iowa

Loan Details

Loan Number
4544397002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$71,100
Current Approval
$71,100
Forgiveness Amount
$71,706
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Black Electric INC
Address
700 Maple St
City
Grinnell
State
Iowa
ZIP Code
50112-2205
Business Type
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-02

Loan Use Breakdown

Payroll
$53,325
Rent
$8,887
Utilities
$8,888

Lender Information

Servicing Lender
County Bank
Originating Lender
County Bank

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