Area Electric, Inc.
$58,000 PPP Loan in Cedar Falls, Iowa
Loan Details
- Loan Number
- 5935627807
- Date Approved
- May 30, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $58,000
- Current Approval
- $58,000
- Forgiveness Amount
- $58,257
- Forgiveness Date
- Nov 20, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Area Electric, Inc.
- Address
- 510 State Street,
- City
- Cedar Falls
- State
- Iowa
- ZIP Code
- 50613-3345
- 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
- $58,000
Lender Information
- Servicing Lender
- Regions Bank
- Originating Lender
- Regions Bank
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