PPP Loan information for Electrical process & industrial controls

$29,240

Electrical process & industrial controls was initially approved for PPP Loan of amount $29,240, the current approved amount is $29,240. The loan was approved on 04/14/2020 by The Village Bank reported 2 jobs and $29,240 was used to fund payroll.

Electrical process & industrial controls is Existing or more than 2 years old

ELECTRICAL PROCESS & INDUSTRIAL CONTROLS

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELECTRICAL PROCESS & INDUSTRIAL CONTROLS

Borrower Address

26758 WOODLANDS PKWY

Borrower City

ZIMMERMAN

Borrower State

MN

Borrower Zip

55398-8425

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29240.00

Current Approval Amount

29240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZIMMERMAN

Project County Name

SHERBURNE

Project State

MN

Project Zip

55398-8425

CD

MN-06

Jobs Reported

2

NAICS Code

335314

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29240.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29441.88

Forgiveness Date

01/07/2021

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