PPP Loan information for Reliance electric of southern minnesota inc.

$26,089

Reliance electric of southern minnesota inc. was initially approved for PPP Loan of amount $26,089, the current approved amount is $26,089. The loan was approved on 04/27/2020 by The Elysian Bank reported 5 jobs and $26,089 was used to fund payroll.

Reliance electric of southern minnesota inc. is Existing or more than 2 years old

PPP Loan Search / MN / NORTH MANKATO / Reliance electric of southern minnesota inc.

RELIANCE ELECTRIC OF SOUTHERN MINNESOTA INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RELIANCE ELECTRIC OF SOUTHERN MINNESOTA INC.

Borrower Address

1110 North River Drive

Borrower City

NORTH MANKATO

Borrower State

MN

Borrower Zip

56003-2218

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26089.00

Current Approval Amount

26089.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38043

Servicing Lender Name

Elysian Bank

Servicing Lender Address

121 E Main St

Servicing Lender City

ELYSIAN

Servicing Lender State

MN

Servicing Lender Zip

56028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH MANKATO

Project County Name

NICOLLET

Project State

MN

Project Zip

56003-2218

CD

MN-01

Jobs Reported

5

NAICS Code

423620

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

589.00

Payroll Proceed

22000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38043

Originating Lender

Elysian Bank

Originating Lender City

ELYSIAN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26234.66

Forgiveness Date

11/24/2020

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