Electrical Concepts, LLC
$168,500 PPP Loan in Cedar Rapids, Iowa
Loan Details
- Loan Number
- 4889287010
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $168,500
- Current Approval
- $168,500
- Forgiveness Amount
- $169,456
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Electrical Concepts, LLC
- Address
- 5325 18th Ave
- City
- Cedar Rapids
- State
- Iowa
- ZIP Code
- 52404-1202
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 17
- Estimated Revenue
- $5.6M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $128,100
- Rent
- $20,000
- Health Care
- $10,000
- Debt Interest
- $10,400
Lender Information
- Servicing Lender
- Ohnward Bank & Trust
- Originating Lender
- Ohnward Bank & Trust
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