PPP Loan information for Electric construction, inc.

$1,786,300

Electric construction, inc. was initially approved for PPP Loan of amount $1,786,300, the current approved amount is $1,786,300. The loan was approved on 04/06/2020 by The Lake Ridge Bank reported 89 jobs and $1,786,300 was used to fund payroll.

Electric construction, inc. is New Business or 2 years or less

ELECTRIC CONSTRUCTION, INC.

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ELECTRIC CONSTRUCTION, INC.

Borrower Address

4212 OAK ST

Borrower City

MC FARLAND

Borrower State

WI

Borrower Zip

53558-9285

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1786300.00

Current Approval Amount

1786300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MC FARLAND

Project County Name

DANE

Project State

WI

Project Zip

53558-9285

CD

WI-02

Jobs Reported

89

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1786300.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1797947.65

Forgiveness Date

12/09/2020

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