PPP Loan information for Hi-tech eletric inc

$25,042

Hi-tech eletric inc was initially approved for PPP Loan of amount $25,042, the current approved amount is $25,042. The loan was approved on 01/16/2021 by The The Farmers & Merchants Bank reported 3 jobs and $25,042 was used to fund payroll.

Hi-tech eletric inc is Existing or more than 2 years old

PPP Loan Search / WI / Berlin / Hi-tech eletric inc

HI-TECH ELETRIC INC

Date Approved

01/16/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

HI-TECH ELETRIC INC

Borrower Address

360 E Huron St

Borrower City

Berlin

Borrower State

WI

Borrower Zip

54923-2212

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25042.00

Current Approval Amount

25042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75639

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

123 W Huron St

Servicing Lender City

BERLIN

Servicing Lender State

WI

Servicing Lender Zip

54923-1516

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Berlin

Project County Name

GREEN LAKE

Project State

WI

Project Zip

54923-2212

CD

WI-06

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25041.00

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

75639

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

BERLIN

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25163.73

Forgiveness Date

07/14/2021

;