PPP Loan information for Ams electric, inc

$22,300

Ams electric, inc was initially approved for PPP Loan of amount $22,300, the current approved amount is $22,300. The loan was approved on 04/09/2020 by The Magnifi Financial CU reported 4 jobs and $22,300 was used to fund payroll.

Ams electric, inc is Existing or more than 2 years old

AMS ELECTRIC, INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMS ELECTRIC, INC

Borrower Address

14317 COUNTY ROAD 51

Borrower City

SAINT JOSEPH

Borrower State

MN

Borrower Zip

56374-9413

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22300.00

Current Approval Amount

22300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOSEPH

Project County Name

STEARNS

Project State

MN

Project Zip

56374-9413

CD

MN-06

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

17896.00

Mortgage Interest Proceed

0.00

Rent Proceed

3404.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

22538.88

Forgiveness Date

05/14/2021

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