PPP Loan information for King electrical systems corporation

$46,788

King electrical systems corporation was initially approved for PPP Loan of amount $46,788, the current approved amount is $46,788. The loan was approved on 02/02/2021 by The BMO Harris Bank National Association reported 6 jobs and $46,788 was used to fund payroll.

King electrical systems corporation is Existing or more than 2 years old

PPP Loan Search / MN / HAM LAKE / King electrical systems corporation

KING ELECTRICAL SYSTEMS CORPORATION

Date Approved

02/02/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KING ELECTRICAL SYSTEMS CORPORATION

Borrower Address

614-150TH AVE

Borrower City

HAM LAKE

Borrower State

MN

Borrower Zip

55304

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46787.50

Current Approval Amount

46787.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAM LAKE

Project County Name

ANOKA

Project State

MN

Project Zip

55304

CD

MN-03

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46784.50

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

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47151.55

Forgiveness Date

11/16/2021

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