PPP Loan information for Benson electric company, inc.

$1,721,820

Benson electric company, inc. was initially approved for PPP Loan of amount $1,721,820, the current approved amount is $1,721,820. The loan was approved on 04/07/2020 by The National Bank of Commerce reported 400 jobs and $1,721,820 was used to fund payroll.

Benson electric company, inc. is Existing or more than 2 years old

PPP Loan Search / WI / SUPERIOR / Benson electric company, inc.

BENSON ELECTRIC COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BENSON ELECTRIC COMPANY, INC.

Borrower Address

1102 N 3rd Street

Borrower City

SUPERIOR

Borrower State

WI

Borrower Zip

54880-1230

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1721820.00

Current Approval Amount

1721820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76833

Servicing Lender Name

National Bank of Commerce

Servicing Lender Address

1127 Tower Ave

Servicing Lender City

SUPERIOR

Servicing Lender State

WI

Servicing Lender Zip

54880-1502

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SUPERIOR

Project County Name

DOUGLAS

Project State

WI

Project Zip

54880-1230

CD

WI-07

Jobs Reported

400

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1721820.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

76833

Originating Lender

National Bank of Commerce

Originating Lender City

SUPERIOR

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1721012.24

Forgiveness Date

11/03/2020

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