Honorable Electric, LLC

$59,900 PPP Loan in Adel, Iowa

Loan Details

Loan Number
5636897001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$59,900
Current Approval
$59,900
Forgiveness Amount
$60,211
Forgiveness Date
Oct 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Honorable Electric, LLC
Address
31633 S Avenue
City
Adel
State
Iowa
ZIP Code
50003-8654
Business Type
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-03

Loan Use Breakdown

Payroll
$55,000
Rent
$4,000
Utilities
$900

Lender Information

Servicing Lender
Charter Bank
Originating Lender
Charter Bank

Other PPP Loans in Adel, IA

BusinessApproved
Midwest Oilseeds, INC$1,177,500NewBizBotResearch
Stine Seed Company$973,700NewBizBotResearch
Iowa Spring Manufacturing and Sales, INC$948,540NewBizBotResearch
Kuder Inc.$911,097NewBizBotResearch
Kuder, Inc.$830,587NewBizBotResearch

Want to research this company further?

Try NewBizBot free