PPP Loan information for Electric systems inc

$310,700

Electric systems inc was initially approved for PPP Loan of amount $310,700, the current approved amount is $310,700. The loan was approved on 04/03/2020 by The Starion Bank reported 14 jobs and $310,700 was used to fund payroll.

Electric systems inc is Existing or more than 2 years old

PPP Loan Search / ND / BISMARCK / Electric systems inc

ELECTRIC SYSTEMS INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ELECTRIC SYSTEMS INC

Borrower Address

3215 Broadway Ave

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58501-3333

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310700.00

Current Approval Amount

310700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118060

Servicing Lender Name

Starion Bank

Servicing Lender Address

333 N 4th St

Servicing Lender City

BISMARCK

Servicing Lender State

ND

Servicing Lender Zip

58501-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58501-3333

CD

ND-

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

310700.00

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

118060

Originating Lender

Starion Bank

Originating Lender City

BISMARCK

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

312870.64

Forgiveness Date

12/22/2020

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