PPP Loan information for Signature electric co.

$188,700

Signature electric co. was initially approved for PPP Loan of amount $188,700, the current approved amount is $188,700. The loan was approved on 04/28/2020 by The Park State Bank reported 11 jobs and $188,700 was used to fund payroll.

Signature electric co. is Existing or more than 2 years old

SIGNATURE ELECTRIC CO.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SIGNATURE ELECTRIC CO.

Borrower Address

1855 80th St

Borrower City

VICTORIA

Borrower State

MN

Borrower Zip

55386-0001

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188700.00

Current Approval Amount

188700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VICTORIA

Project County Name

CARVER

Project State

MN

Project Zip

55386-0001

CD

MN-06

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17678.00

Payroll Proceed

151022.00

Mortgage Interest Proceed

20000.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189722.12

Forgiveness Date

11/12/2020

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