New Age Electric, LLC

$112,800 PPP Loan in Denver, Iowa

Loan Details

Loan Number
6713887008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$112,800
Current Approval
$112,800
Forgiveness Amount
$113,430
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
New Age Electric, LLC
Address
2625 Killdeer Ave
City
Denver
State
Iowa
ZIP Code
50622-1035
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$81,100
Rent
$7,700
Utilities
$2,400
Health Care
$21,400
Debt Interest
$200

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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