PPP Loan information for Jim's electric co., inc.

$431,820

Jim's electric co., inc. was initially approved for PPP Loan of amount $431,820, the current approved amount is $431,820. The loan was approved on 01/15/2021 by The Mid Minnesota FCU reported 40 jobs and $431,820 was used to fund payroll.

Jim's electric co., inc. is Existing or more than 2 years old

PPP Loan Search / MN / Baxter / Jim's electric co., inc.

JIM'S ELECTRIC CO., INC.

Date Approved

01/15/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

JIM'S ELECTRIC CO., INC.

Borrower Address

8296 Industrial Park Rd

Borrower City

Baxter

Borrower State

MN

Borrower Zip

56425-8271

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

431820.00

Current Approval Amount

431820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99592

Servicing Lender Name

Mid Minnesota FCU

Servicing Lender Address

13283 Isle Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8554

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baxter

Project County Name

CROW WING

Project State

MN

Project Zip

56425-8271

CD

MN-08

Jobs Reported

40

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

431820.00

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

99592

Originating Lender

Mid Minnesota FCU

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

436717.90

Forgiveness Date

03/14/2022

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