PPP Loan information for Midwest electrical construction llc

$245,000

Midwest electrical construction llc was initially approved for PPP Loan of amount $245,000, the current approved amount is $245,000. The loan was approved on 04/10/2020 by The Vermillion State Bank reported 28 jobs and $245,000 was used to fund payroll.

Midwest electrical construction llc is Existing or more than 2 years old

PPP Loan Search / MN / LAKE ELMO / Midwest electrical construction llc

MIDWEST ELECTRICAL CONSTRUCTION LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST ELECTRICAL CONSTRUCTION LLC

Borrower Address

3825 Lake Elmo Ave N, Suite A

Borrower City

LAKE ELMO

Borrower State

MN

Borrower Zip

55042-8596

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245000.00

Current Approval Amount

245000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE ELMO

Project County Name

WASHINGTON

Project State

MN

Project Zip

55042-8596

CD

MN-04

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2400.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31000.00

Debt Interest Proceed

3400

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247368.33

Forgiveness Date

04/01/2021

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