PPP Loan information for Always current electric

$10,500

Always current electric was initially approved for PPP Loan of amount $10,500, the current approved amount is $10,500. The loan was approved on 05/13/2020 by The Prevail Bank reported 1 jobs and $10,500 was used to fund payroll.

Always current electric is Existing or more than 2 years old

ALWAYS CURRENT ELECTRIC

Date Approved

05/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ALWAYS CURRENT ELECTRIC

Borrower Address

540 N. Ridge Road

Borrower City

MARATHON

Borrower State

WI

Borrower Zip

54448

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10500.00

Current Approval Amount

10500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81561

Servicing Lender Name

Prevail Bank

Servicing Lender Address

675 E Broadway Ave

Servicing Lender City

MEDFORD

Servicing Lender State

WI

Servicing Lender Zip

54451-1526

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARATHON

Project County Name

MARATHON

Project State

WI

Project Zip

54448-0001

CD

WI-07

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10500.00

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

Sole Proprietorship

Originating Lender Location Id

81561

Originating Lender

Prevail Bank

Originating Lender City

MEDFORD

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10630.38

Forgiveness Date

08/10/2021

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