PPP Loan information for Electrical production services, inc.

$792,000

Electrical production services, inc. was initially approved for PPP Loan of amount $791,783, the current approved amount is $792,000. The loan was approved on 04/05/2020 by The HomeTown Bank reported 66 jobs and $792,000 was used to fund payroll.

Electrical production services, inc. is Existing or more than 2 years old

ELECTRICAL PRODUCTION SERVICES, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELECTRICAL PRODUCTION SERVICES, INC.

Borrower Address

2431 Galpin Court Suite 140

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317-4621

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

791783.00

Current Approval Amount

792000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88597

Servicing Lender Name

HomeTown Bank

Servicing Lender Address

1000 E Cook St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANHASSEN

Project County Name

CARVER

Project State

MN

Project Zip

55317-4621

CD

MN-06

Jobs Reported

66

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

792000.00

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

88597

Originating Lender

HomeTown Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

796598.00

Forgiveness Date

11/12/2020

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