PPP Loan information for Rochester electric and communications

$50,685

Rochester electric and communications was initially approved for PPP Loan of amount $50,685, the current approved amount is $50,685. The loan was approved on 02/22/2021 by The Cross River Bank reported 3 jobs and $50,685 was used to fund payroll.

Rochester electric and communications is Existing or more than 2 years old

PPP Loan Search / MN / Byron / Rochester electric and communications

ROCHESTER ELECTRIC AND COMMUNICATIONS

Date Approved

02/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ROCHESTER ELECTRIC AND COMMUNICATIONS

Borrower Address

7832 Valleyhigh Rd NW

Borrower City

Byron

Borrower State

MN

Borrower Zip

55920-4112

Loan Status Date

11/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50685.00

Current Approval Amount

50685.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Byron

Project County Name

OLMSTED

Project State

MN

Project Zip

55920-4112

CD

MN-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50685.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51509.85

Forgiveness Date

10/18/2022

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