PPP Loan information for Electronic systems of wisconsin, inc

$175,532

Electronic systems of wisconsin, inc was initially approved for PPP Loan of amount $175,532, the current approved amount is $175,532. The loan was approved on 04/06/2020 by The Johnson Bank reported 15 jobs and $175,532 was used to fund payroll.

Electronic systems of wisconsin, inc is Existing or more than 2 years old

ELECTRONIC SYSTEMS OF WISCONSIN, INC

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ELECTRONIC SYSTEMS OF WISCONSIN, INC

Borrower Address

5020 21ST ST

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53406-5027

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175532.00

Current Approval Amount

175532.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53406-5027

CD

WI-01

Jobs Reported

15

NAICS Code

335312

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

21941.50

Payroll Proceed

131649.00

Mortgage Interest Proceed

21941.50

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176897.78

Forgiveness Date

01/25/2021

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