PPP Loan information for Current electric company

$1,334,204

Current electric company was initially approved for PPP Loan of amount $1,334,204, the current approved amount is $1,334,204. The loan was approved on 04/10/2020 by The Cornerstone Community Bank reported 119 jobs and $1,334,204 was used to fund payroll.

Current electric company is Existing or more than 2 years old

CURRENT ELECTRIC COMPANY

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

CURRENT ELECTRIC COMPANY

Borrower Address

2942 N 117TH ST

Borrower City

WAUWATOSA

Borrower State

WI

Borrower Zip

53222-4106

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1334204.00

Current Approval Amount

1334204.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116677

Servicing Lender Name

Cornerstone Community Bank

Servicing Lender Address

2090 Wisconsin Ave

Servicing Lender City

GRAFTON

Servicing Lender State

WI

Servicing Lender Zip

53024-2607

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUWATOSA

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53222-4106

CD

WI-04

Jobs Reported

119

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

333551.00

Payroll Proceed

1000653.00

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

116677

Originating Lender

Cornerstone Community Bank

Originating Lender City

GRAFTON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1345618.86

Forgiveness Date

02/23/2021

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