PPP Loan information for Paul's electric inc

$209,000

Paul's electric inc was initially approved for PPP Loan of amount $209,000, the current approved amount is $209,000. The loan was approved on 04/08/2020 by The Alliance Bank reported 16 jobs and $209,000 was used to fund payroll.

Paul's electric inc is Existing or more than 2 years old

PPP Loan Search / MN / NEW ULM / Paul's electric inc

PAUL'S ELECTRIC INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PAUL'S ELECTRIC INC

Borrower Address

19 N Front Street, PO Box 302

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

209000.00

Current Approval Amount

209000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

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

56073-0001

CD

MN-01

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

209000.00

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

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

210132.08

Forgiveness Date

11/03/2020

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