PPP Loan information for Compass electric inc.

$56,474

Compass electric inc. was initially approved for PPP Loan of amount $56,474, the current approved amount is $56,474. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 4 jobs and $56,474 was used to fund payroll.

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

PPP Loan Search / MN / CRYSTAL / Compass electric inc.

COMPASS ELECTRIC INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COMPASS ELECTRIC INC.

Borrower Address

4628 ZANE AVE N

Borrower City

CRYSTAL

Borrower State

MN

Borrower Zip

55422

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56474.00

Current Approval Amount

56474.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL

Project County Name

HENNEPIN

Project State

MN

Project Zip

55422-0001

CD

MN-05

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56474.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57004.23

Forgiveness Date

03/25/2021

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