PPP Loan information for Mcconnell electric corporation

$23,300

Mcconnell electric corporation was initially approved for PPP Loan of amount $23,300, the current approved amount is $23,300. The loan was approved on 05/05/2020 by The Minnwest Bank reported 4 jobs and $23,300 was used to fund payroll.

Mcconnell electric corporation is Existing or more than 2 years old

MCCONNELL ELECTRIC CORPORATION

Date Approved

05/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MCCONNELL ELECTRIC CORPORATION

Borrower Address

213 E MAIN ST

Borrower City

SPRING VALLEY

Borrower State

MN

Borrower Zip

55975-1638

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23300.00

Current Approval Amount

23300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING VALLEY

Project County Name

FILLMORE

Project State

MN

Project Zip

55975-1638

CD

MN-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23300.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23452.57

Forgiveness Date

01/06/2021

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