PPP Loan information for Sunlight electric inc

$48,600

Sunlight electric inc was initially approved for PPP Loan of amount $48,600, the current approved amount is $48,600. The loan was approved on 04/07/2020 by The Manufacturers Bank & Trust Company reported 2 jobs and $48,600 was used to fund payroll.

Sunlight electric inc is Existing or more than 2 years old

SUNLIGHT ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SUNLIGHT ELECTRIC INC

Borrower Address

2804 SUNSET LN NE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55906-7621

Loan Status Date

03/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48600.00

Current Approval Amount

48600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55906-7621

CD

MN-01

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4100.00

Payroll Proceed

36450.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4050.00

Debt Interest Proceed

4000

Business Type

Corporation

Originating Lender Location Id

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

49060.35

Forgiveness Date

03/24/2021

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