PPP Loan information for O'connor electric llc

$77,097

O'connor electric llc was initially approved for PPP Loan of amount $77,097, the current approved amount is $77,097. The loan was approved on 05/19/2020 by The Arcadian Bank reported 3 jobs and $77,097 was used to fund payroll.

O'connor electric llc is Existing or more than 2 years old

O'CONNOR ELECTRIC LLC

Date Approved

05/19/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

O'CONNOR ELECTRIC LLC

Borrower Address

1319 EASTGATE RD

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-3551

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77097.00

Current Approval Amount

77097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-3551

CD

MN-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500.00

Payroll Proceed

74597.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

77650.41

Forgiveness Date

02/09/2021

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