PPP Loan information for Erickson electric company

$428,500

Erickson electric company was initially approved for PPP Loan of amount $428,500, the current approved amount is $428,500. The loan was approved on 04/03/2020 by The The First National Bank of Milaca reported 34 jobs and $428,500 was used to fund payroll.

Erickson electric company is Existing or more than 2 years old

PPP Loan Search / MN / SAINT CLOUD / Erickson electric company

ERICKSON ELECTRIC COMPANY

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ERICKSON ELECTRIC COMPANY

Borrower Address

3308 SOUTHWAY DR

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56301-9513

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

428500.00

Current Approval Amount

428500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38387

Servicing Lender Name

The First National Bank of Milaca

Servicing Lender Address

190 2nd Ave SW

Servicing Lender City

MILACA

Servicing Lender State

MN

Servicing Lender Zip

56353-1106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56301-9513

CD

MN-06

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

428500.00

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

Subchapter S Corporation

Originating Lender Location Id

38387

Originating Lender

The First National Bank of Milaca

Originating Lender City

MILACA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

431844.68

Forgiveness Date

01/20/2021

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