PPP Loan information for Standby power systems, inc.

$4,300

Standby power systems, inc. was initially approved for PPP Loan of amount $5,700, the current approved amount is $4,300. The loan was approved on 06/08/2020 by The Bank Midwest reported 1 jobs and $4,300 was used to fund payroll.

Standby power systems, inc. is Existing or more than 2 years old

STANDBY POWER SYSTEMS, INC.

Date Approved

06/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STANDBY POWER SYSTEMS, INC.

Borrower Address

88829 470TH AVE

Borrower City

WINDOM

Borrower State

MN

Borrower Zip

56101-4184

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5700.00

Current Approval Amount

4300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINDOM

Project County Name

JACKSON

Project State

MN

Project Zip

56101-4184

CD

MN-01

Jobs Reported

1

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4300.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4332.37

Forgiveness Date

03/11/2021

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