PPP Loan information for Accord electric, inc.

$616,400

Accord electric, inc. was initially approved for PPP Loan of amount $616,400, the current approved amount is $616,400. The loan was approved on 04/07/2020 by The Think Mutual Bank reported 37 jobs and $616,400 was used to fund payroll.

Accord electric, inc. is Existing or more than 2 years old

ACCORD ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACCORD ELECTRIC, INC.

Borrower Address

1830 2ND AVE SE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-7907

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

616400.00

Current Approval Amount

616400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99830

Servicing Lender Name

Think Mutual Bank

Servicing Lender Address

5200 Members Pkwy NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-8381

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

55904-7907

CD

MN-01

Jobs Reported

37

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

616400.00

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

Corporation

Originating Lender Location Id

99830

Originating Lender

Think Mutual Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

621279.83

Forgiveness Date

01/20/2021

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