PPP Loan information for University electric inc

$24,209

University electric inc was initially approved for PPP Loan of amount $24,209, the current approved amount is $24,209. The loan was approved on 05/29/2021 by The Woodlands National Bank reported 1 jobs and $24,209 was used to fund payroll.

University electric inc is Existing or more than 2 years old

UNIVERSITY ELECTRIC INC

Date Approved

05/29/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

UNIVERSITY ELECTRIC INC

Borrower Address

2322 33rd St NW

Borrower City

Buffalo

Borrower State

MN

Borrower Zip

55313-3503

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24209.00

Current Approval Amount

24209.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38241

Servicing Lender Name

Woodlands National Bank

Servicing Lender Address

122 E Main St

Servicing Lender City

HINCKLEY

Servicing Lender State

MN

Servicing Lender Zip

55037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Buffalo

Project County Name

WRIGHT

Project State

MN

Project Zip

55313-3503

CD

MN-06

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

24207.00

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

38241

Originating Lender

Woodlands National Bank

Originating Lender City

HINCKLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24302.47

Forgiveness Date

10/26/2021

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