PPP Loan information for Liberty electric co. inc.

$277,555

Liberty electric co. inc. was initially approved for PPP Loan of amount $277,555, the current approved amount is $277,555. The loan was approved on 02/10/2021 by The Magnifi Financial CU reported 19 jobs and $277,555 was used to fund payroll.

Liberty electric co. inc. is Existing or more than 2 years old

PPP Loan Search / MN / Albany / Liberty electric co. inc.

LIBERTY ELECTRIC CO. INC.

Date Approved

02/10/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LIBERTY ELECTRIC CO. INC.

Borrower Address

27582 246th Ave

Borrower City

Albany

Borrower State

MN

Borrower Zip

56307-9781

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277555.00

Current Approval Amount

277555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

STEARNS

Project State

MN

Project Zip

56307-9781

CD

MN-07

Jobs Reported

19

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

277552.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

279106.27

Forgiveness Date

09/10/2021

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