PPP Loan information for Nu current electric inc.

$102,367

Nu current electric inc. was initially approved for PPP Loan of amount $102,367, the current approved amount is $102,367. The loan was approved on 03/13/2021 by The Citizens Bank Minnesota reported 11 jobs and $102,367 was used to fund payroll.

Nu current electric inc. is Existing or more than 2 years old

PPP Loan Search / MN / New Ulm / Nu current electric inc.

NU CURRENT ELECTRIC INC.

Date Approved

03/13/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NU CURRENT ELECTRIC INC.

Borrower Address

12785 184th Street

Borrower City

New Ulm

Borrower State

MN

Borrower Zip

56073

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102367.00

Current Approval Amount

102367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38679

Servicing Lender Name

Citizens Bank Minnesota

Servicing Lender Address

105 N Minnesota St

Servicing Lender City

NEW ULM

Servicing Lender State

MN

Servicing Lender Zip

56073-1729

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Ulm

Project County Name

BROWN

Project State

MN

Project Zip

56073

CD

MN-01

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

102365.00

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

Subchapter S Corporation

Originating Lender Location Id

38679

Originating Lender

Citizens Bank Minnesota

Originating Lender City

NEW ULM

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

102779.31

Forgiveness Date

08/11/2021

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