PPP Loan information for Electrical solutions inc

$270,000

Electrical solutions inc was initially approved for PPP Loan of amount $270,000, the current approved amount is $270,000. The loan was approved on 01/28/2021 by The Lake Ridge Bank reported 25 jobs and $270,000 was used to fund payroll.

Electrical solutions inc is Existing or more than 2 years old

PPP Loan Search / WI / Stoughton / Electrical solutions inc

ELECTRICAL SOLUTIONS INC

Date Approved

01/28/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

ELECTRICAL SOLUTIONS INC

Borrower Address

2928 County Road MN

Borrower City

Stoughton

Borrower State

WI

Borrower Zip

53589-2706

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

270000.00

Current Approval Amount

270000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stoughton

Project County Name

DANE

Project State

WI

Project Zip

53589-2706

CD

WI-02

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

269997.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

271065.21

Forgiveness Date

06/23/2021

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