H.c. Determan Electric Company
$246,600 PPP Loan in Mason City, Iowa
Loan Details
- Loan Number
- 6535427006
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $246,600
- Current Approval
- $239,600
- Forgiveness Amount
- $241,477
- Forgiveness Date
- Jan 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- H.c. Determan Electric Company
- Address
- 1350 S Harrison Ave
- City
- Mason City
- State
- Iowa
- ZIP Code
- 50401-4902
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $179,700
- Rent
- $30,000
- Utilities
- $5,000
- Health Care
- $24,900
Lender Information
- Servicing Lender
- First Citizens Bank
- Originating Lender
- First Citizens Bank
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