PPP Loan information for First choice electric, llc

$79,200

First choice electric, llc was initially approved for PPP Loan of amount $79,200, the current approved amount is $79,200. The loan was approved on 04/15/2020 by The Lake Ridge Bank reported 6 jobs and $79,200 was used to fund payroll.

First choice electric, llc is Existing or more than 2 years old

FIRST CHOICE ELECTRIC, LLC

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

FIRST CHOICE ELECTRIC, LLC

Borrower Address

2534 DESPINS LN

Borrower City

VERONA

Borrower State

WI

Borrower Zip

53593-8726

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79200.00

Current Approval Amount

79200.00

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

VERONA

Project County Name

DANE

Project State

WI

Project Zip

53593-8726

CD

WI-02

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79586.24

Forgiveness Date

10/23/2020

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