PPP Loan information for Austin electric inc.

$148,000

Austin electric inc. was initially approved for PPP Loan of amount $148,000, the current approved amount is $148,000. The loan was approved on 01/22/2021 by The Manufacturers Bank & Trust Company reported 10 jobs and $148,000 was used to fund payroll.

Austin electric inc. is Existing or more than 2 years old

PPP Loan Search / MN / Austin / Austin electric inc.

AUSTIN ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AUSTIN ELECTRIC INC.

Borrower Address

1111 5th Pl SE

Borrower City

Austin

Borrower State

MN

Borrower Zip

55912-3807

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148000.00

Current Approval Amount

148000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Austin

Project County Name

MOWER

Project State

MN

Project Zip

55912-3807

CD

MN-01

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

148000.00

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

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

148563.62

Forgiveness Date

06/15/2021

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