PPP Loan information for Phasor electric company

$486,110

Phasor electric company was initially approved for PPP Loan of amount $486,110, the current approved amount is $486,110. The loan was approved on 02/04/2021 by The Wells Fargo Bank, National Association reported 24 jobs and $486,110 was used to fund payroll.

Phasor electric company is Existing or more than 2 years old

PPP Loan Search / MN / Blaine / Phasor electric company

PHASOR ELECTRIC COMPANY

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PHASOR ELECTRIC COMPANY

Borrower Address

2160 108th Ln NE

Borrower City

Blaine

Borrower State

MN

Borrower Zip

55449-5246

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

486110.00

Current Approval Amount

486110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blaine

Project County Name

ANOKA

Project State

MN

Project Zip

55449-5246

CD

MN-06

Jobs Reported

24

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

486108.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

491077.64

Forgiveness Date

02/25/2022

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