PPP Loan information for Flanders electric inc

$94,300

Flanders electric inc was initially approved for PPP Loan of amount $95,700, the current approved amount is $94,300. The loan was approved on 04/27/2020 by The Lake Ridge Bank reported 15 jobs and $94,300 was used to fund payroll.

Flanders electric inc is Existing or more than 2 years old

PPP Loan Search / WI / COTTAGE GROVE / Flanders electric inc

FLANDERS ELECTRIC INC

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

FLANDERS ELECTRIC INC

Borrower Address

611 N MAIN ST

Borrower City

COTTAGE GROVE

Borrower State

WI

Borrower Zip

53527-9626

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95700.00

Current Approval Amount

94300.00

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

COTTAGE GROVE

Project County Name

DANE

Project State

WI

Project Zip

53527-9626

CD

WI-02

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94300.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

95005.31

Forgiveness Date

02/02/2021

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