PPP Loan information for Switchgear power systems, llc

$1,380,412

Switchgear power systems, llc was initially approved for PPP Loan of amount $1,380,412, the current approved amount is $1,380,412. The loan was approved on 04/07/2020 by The Capitol Bank reported 120 jobs and $1,380,412 was used to fund payroll.

Switchgear power systems, llc is Existing or more than 2 years old

SWITCHGEAR POWER SYSTEMS, LLC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SWITCHGEAR POWER SYSTEMS, LLC

Borrower Address

202 W. ENTERPRISE RD

Borrower City

WINNECONNE

Borrower State

WI

Borrower Zip

54986-8531

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1380412.00

Current Approval Amount

1380412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119487

Servicing Lender Name

Capitol Bank

Servicing Lender Address

710 N High Point Rd

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53717-2811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINNECONNE

Project County Name

WINNEBAGO

Project State

WI

Project Zip

54986-8531

CD

WI-06

Jobs Reported

120

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1380412.00

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

119487

Originating Lender

Capitol Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1393686.65

Forgiveness Date

03/31/2021

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