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Toft Electric, Inc.

$45,800 PPP Loan in Royal, Iowa

Loan Details

Loan Number
6002717007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$45,800
Current Approval
$45,500
Forgiveness Amount
$45,782
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Toft Electric, Inc.
Address
314 Main Street Po Box 200
City
Royal
State
Iowa
ZIP Code
51357-7607
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$45,500

Lender Information

Servicing Lender
Farmers Trust and Savings Bank
Originating Lender
Farmers Trust and Savings Bank

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