Date Approved
01/16/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
ELECTRICAL SOLUTIONS INC
Borrower Address
702 9th Ave S
Borrower City
Sauk Rapids
Borrower State
MN
Borrower Zip
56379-1225
Loan Status Date
07/13/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
115500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
124444
Servicing Lender Name
BankVista
Servicing Lender Address
125 Twin Rivers Ct
Servicing Lender City
SARTELL
Servicing Lender State
Servicing Lender Zip
56377-2144
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BENTON
Project State
Project Zip
CD
MN-06
Jobs Reported
8
NAICS Code
561790
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
115498.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
115968.33
Forgiveness Date
06/23/2021