PPP Loan information for Ideal electrical solutions

$16,100

Ideal electrical solutions was initially approved for PPP Loan of amount $16,100, the current approved amount is $16,100. The loan was approved on 05/15/2020 by The Financial Security Bank reported 1 jobs and $16,100 was used to fund payroll.

Ideal electrical solutions is Existing or more than 2 years old

PPP Loan Search / MN / SAINT MICHAEL / Ideal electrical solutions

IDEAL ELECTRICAL SOLUTIONS

Date Approved

05/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

IDEAL ELECTRICAL SOLUTIONS

Borrower Address

14502 55TH ST NE

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376-3278

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16100.00

Current Approval Amount

16100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38285

Servicing Lender Name

Financial Security Bank

Servicing Lender Address

1011 Atlantic Ave

Servicing Lender City

KERKHOVEN

Servicing Lender State

MN

Servicing Lender Zip

56252

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-3278

CD

MN-06

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16100.00

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

38285

Originating Lender

Financial Security Bank

Originating Lender City

KERKHOVEN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16183.63

Forgiveness Date

11/25/2020

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