Area Electric Inc.
$84,120 PPP Loan in Cedar Falls, Iowa
Loan Details
- Loan Number
- 5895568302
- Date Approved
- Jan 26, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $84,120
- Current Approval
- $84,120
- Forgiveness Amount
- $84,924
- Forgiveness Date
- Jan 19, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Area Electric Inc.
- Address
- 510 State St
- City
- Cedar Falls
- State
- Iowa
- ZIP Code
- 50613-3387
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 5
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $84,119
- Utilities
- $1
Lender Information
- Servicing Lender
- Regions Bank
- Originating Lender
- Regions Bank
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