Date Approved
02/26/2021
SBA Office Code
0508
Processing Method
PPP
Borrower Name
HICKS ELECTRIC INC
Borrower Address
1910 3rd Ave SE
Borrower City
Rochester
Borrower State
MN
Borrower Zip
55904-7923
Loan Status Date
01/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
150000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
117020
Servicing Lender Name
Premier Bank Minnesota
Servicing Lender Address
101 E 10th St
Servicing Lender City
Hastings
Servicing Lender State
Servicing Lender Zip
55033
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OLMSTED
Project State
Project Zip
CD
MN-01
Jobs Reported
6
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
149997.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
151250.00
Forgiveness Date
01/03/2022