PPP Loan information for Underground systems, inc.

$423,700

Underground systems, inc. was initially approved for PPP Loan of amount $423,700, the current approved amount is $423,700. The loan was approved on 04/06/2020 by The Merchants Bank, National Association reported 29 jobs and $423,700 was used to fund payroll.

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

UNDERGROUND SYSTEMS, INC.

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

UNDERGROUND SYSTEMS, INC.

Borrower Address

6000 ALTER RD

Borrower City

EAU CLAIRE

Borrower State

WI

Borrower Zip

54703-9469

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

423700.00

Current Approval Amount

423700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAU CLAIRE

Project County Name

EAU CLAIRE

Project State

WI

Project Zip

54703-9469

CD

WI-03

Jobs Reported

29

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

403752.00

Mortgage Interest Proceed

0.00

Rent Proceed

19948.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

428007.62

Forgiveness Date

04/15/2021

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