PPP Loan information for Electrical concepts inc

$80,000

Electrical concepts inc was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 04/14/2020 by The Peoples State Bank reported 7 jobs and $80,000 was used to fund payroll.

Electrical concepts inc is Existing or more than 2 years old

PPP Loan Search / WI / WAUKESHA / Electrical concepts inc

ELECTRICAL CONCEPTS INC

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ELECTRICAL CONCEPTS INC

Borrower Address

0 N8 W22520 JOHNSON DR UNIT F

Borrower City

WAUKESHA

Borrower State

WI

Borrower Zip

53186-1668

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76899

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

1905 Stewart Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-5375

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKESHA

Project County Name

WAUKESHA

Project State

WI

Project Zip

53186-1668

CD

WI-05

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

71000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

76899

Originating Lender

Peoples State Bank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

80552.33

Forgiveness Date

12/31/2020

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