PPP Loan information for Backwoods electric llc

$38,511

Backwoods electric llc was initially approved for PPP Loan of amount $38,511, the current approved amount is $38,511. The loan was approved on 04/14/2020 by The Bank of Alma reported 5 jobs and $38,511 was used to fund payroll.

Backwoods electric llc is Existing or more than 2 years old

PPP Loan Search / WI / PEPIN / Backwoods electric llc

BACKWOODS ELECTRIC LLC

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BACKWOODS ELECTRIC LLC

Borrower Address

N1150 Jahnke Lane

Borrower City

PEPIN

Borrower State

WI

Borrower Zip

54759-4728

Loan Status Date

12/01/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38510.75

Current Approval Amount

38510.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75542

Servicing Lender Name

Bank of Alma

Servicing Lender Address

211 S Main St

Servicing Lender City

ALMA

Servicing Lender State

WI

Servicing Lender Zip

54610

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEPIN

Project County Name

PEPIN

Project State

WI

Project Zip

54759-4728

CD

WI-03

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3369.69

Payroll Proceed

28883.07

Mortgage Interest Proceed

6257.99

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

75542

Originating Lender

Bank of Alma

Originating Lender City

ALMA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38708.65

Forgiveness Date

10/20/2020

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