PPP Loan information for Electric construction company, inc

$1,501,700

Electric construction company, inc was initially approved for PPP Loan of amount $1,501,700, the current approved amount is $1,501,700. The loan was approved on 04/05/2020 by The The First National Bank in Sioux Falls reported 145 jobs and $1,501,700 was used to fund payroll.

Electric construction company, inc is Existing or more than 2 years old

ELECTRIC CONSTRUCTION COMPANY, INC

Date Approved

04/05/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

ELECTRIC CONSTRUCTION COMPANY, INC

Borrower Address

3413 N Potsdam Ave

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57104-7017

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1501700.00

Current Approval Amount

1501700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66602

Servicing Lender Name

The First National Bank in Sioux Falls

Servicing Lender Address

100 S Phillips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6745

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57104-7017

CD

SD-

Jobs Reported

145

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1425700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

76000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66602

Originating Lender

The First National Bank in Sioux Falls

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1509969.64

Forgiveness Date

11/03/2020

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