BLAZEK ELECTRIC, INC. (IA) - 2020 PPP Loan Borrower Profile (# 5101677009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLAZEK ELECTRIC, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

5101677009

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$452,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$455,440.22

Date Loan was Forgiven

Jan 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

77,000

Payroll Proced

375,000

Lender

First Citizens Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

MASON CITY, IA

Project Location

MASON CITY, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.