PPP Loan information for Electrical & communication spe

$114,425

Electrical & communication spe was initially approved for PPP Loan of amount $114,425, the current approved amount is $114,425. The loan was approved on 04/07/2020 by The Frandsen Bank & Trust reported 13 jobs and $114,425 was used to fund payroll.

Electrical & communication spe is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Electrical & communication spe

ELECTRICAL & COMMUNICATION SPE

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELECTRICAL & COMMUNICATION SPE

Borrower Address

510 Sibley St

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-2047

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114425.00

Current Approval Amount

114425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-2047

CD

MN-01

Jobs Reported

13

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11000.00

Payroll Proceed

91540.00

Mortgage Interest Proceed

11885.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115337.27

Forgiveness Date

02/02/2021

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