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O'neal Electric Company

$126,400 PPP Loan in Red Oak, Iowa

Loan Details

Loan Number
5271597001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$126,400
Current Approval
$126,400
Forgiveness Amount
$127,134
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
O'neal Electric Company
Address
1705 E Summit St
City
Red Oak
State
Iowa
ZIP Code
51566-1710
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$121,000
Utilities
$400
Health Care
$5,000

Lender Information

Servicing Lender
Houghton State Bank
Originating Lender
Houghton State Bank

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