PPP Loan information for Efraimson electric inc.

$405,735

Efraimson electric inc. was initially approved for PPP Loan of amount $405,735, the current approved amount is $405,735. The loan was approved on 04/08/2020 by The Bryant State Bank reported 33 jobs and $405,735 was used to fund payroll.

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

PPP Loan Search / SD / BRYANT / Efraimson electric inc.

EFRAIMSON ELECTRIC INC.

Date Approved

04/08/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

EFRAIMSON ELECTRIC INC.

Borrower Address

19295 438th Ave

Borrower City

BRYANT

Borrower State

SD

Borrower Zip

57221-5845

Loan Status Date

02/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405735.37

Current Approval Amount

405735.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66468

Servicing Lender Name

Bryant State Bank

Servicing Lender Address

124 W Main St

Servicing Lender City

BRYANT

Servicing Lender State

SD

Servicing Lender Zip

57221-2058

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRYANT

Project County Name

HAMLIN

Project State

SD

Project Zip

57221-5845

CD

SD-

Jobs Reported

33

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

324588.30

Mortgage Interest Proceed

0.00

Rent Proceed

81147.07

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66468

Originating Lender

Bryant State Bank

Originating Lender City

BRYANT

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

408023.27

Forgiveness Date

11/03/2020

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