PPP Loan information for Electrical solutions inc

$113,100

Electrical solutions inc was initially approved for PPP Loan of amount $113,100, the current approved amount is $113,100. The loan was approved on 04/03/2020 by The BankVista reported 8 jobs and $113,100 was used to fund payroll.

Electrical solutions inc is Existing or more than 2 years old

PPP Loan Search / MN / SAUK RAPIDS / Electrical solutions inc

ELECTRICAL SOLUTIONS INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

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

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113100.00

Current Approval Amount

113100.00

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

MN

Servicing Lender Zip

56377-2144

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK RAPIDS

Project County Name

BENTON

Project State

MN

Project Zip

56379-1225

CD

MN-06

Jobs Reported

8

NAICS Code

561790

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113100.00

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

Corporation

Originating Lender Location Id

124444

Originating Lender

BankVista

Originating Lender City

SARTELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114001.70

Forgiveness Date

01/26/2021

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