PPP Loan information for Electrotek corporation

$1,188,252

Electrotek corporation was initially approved for PPP Loan of amount $1,188,252, the current approved amount is $1,188,252. The loan was approved on 01/17/2021 by The Texas Champion Bank reported 80 jobs and $1,188,252 was used to fund payroll.

Electrotek corporation is Existing or more than 2 years old

ELECTROTEK CORPORATION

Date Approved

01/17/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

ELECTROTEK CORPORATION

Borrower Address

7745 S 10th St

Borrower City

Oak Creek

Borrower State

WI

Borrower Zip

53154-1913

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1188252.00

Current Approval Amount

1188252.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71853

Servicing Lender Name

Texas Champion Bank

Servicing Lender Address

6124 S Staples

Servicing Lender City

CORPUS CHRISTI

Servicing Lender State

TX

Servicing Lender Zip

78413-2904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Creek

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53154-1913

CD

WI-01

Jobs Reported

80

NAICS Code

334412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1188248.00

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

71853

Originating Lender

Texas Champion Bank

Originating Lender City

CORPUS CHRISTI

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1195934.94

Forgiveness Date

09/21/2021

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