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Art's Electric, INC

$119,200 PPP Loan in Hull, Iowa

Loan Details

Loan Number
5006327000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$119,200
Current Approval
$119,200
Forgiveness Amount
$120,261
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Art's Electric, INC
Address
1910 Division St
City
Hull
State
Iowa
ZIP Code
51239-7437
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$107,200
Rent
$6,000
Utilities
$6,000

Lender Information

Servicing Lender
American State Bank
Originating Lender
American State Bank

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