PPP Loan information for Electrical solutions & service inc.

$105,764

Electrical solutions & service inc. was initially approved for PPP Loan of amount $105,764, the current approved amount is $105,764. The loan was approved on 04/05/2020 by The Sterling State Bank reported 11 jobs and $105,764 was used to fund payroll.

Electrical solutions & service inc. is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Electrical solutions & service inc.

ELECTRICAL SOLUTIONS & SERVICE INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELECTRICAL SOLUTIONS & SERVICE INC.

Borrower Address

109 7TH ST NE, Suite #13

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55906-3609

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105764.21

Current Approval Amount

105764.21

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55906-3609

CD

MN-01

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105764.21

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

106871.80

Forgiveness Date

04/21/2021

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