PPP Loan information for Nuessmeier electric inc.

$121,660

Nuessmeier electric inc. was initially approved for PPP Loan of amount $121,660, the current approved amount is $121,660. The loan was approved on 04/09/2020 by The CornerStone State Bank reported 10 jobs and $121,660 was used to fund payroll.

Nuessmeier electric inc. is Existing or more than 2 years old

NUESSMEIER ELECTRIC INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NUESSMEIER ELECTRIC INC.

Borrower Address

1427 North Commerce Street

Borrower City

Le Sueur

Borrower State

MN

Borrower Zip

56058-1104

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121660.00

Current Approval Amount

121660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38310

Servicing Lender Name

CornerStone State Bank

Servicing Lender Address

401 Fourth St NW

Servicing Lender City

MONTGOMERY

Servicing Lender State

MN

Servicing Lender Zip

56069-1001

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Le Sueur

Project County Name

LE SUEUR

Project State

MN

Project Zip

56058-1104

CD

MN-02

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12166.00

Payroll Proceed

97328.00

Mortgage Interest Proceed

12166.00

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

38310

Originating Lender

CornerStone State Bank

Originating Lender City

MONTGOMERY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122406.63

Forgiveness Date

11/30/2020

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