PPP Loan information for Team electric llc

$63,452

Team electric llc was initially approved for PPP Loan of amount $63,452, the current approved amount is $63,452. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 4 jobs and $63,452 was used to fund payroll.

Team electric llc is Existing or more than 2 years old

PPP Loan Search / MN / NEW PRAGUE / Team electric llc

TEAM ELECTRIC LLC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TEAM ELECTRIC LLC

Borrower Address

1602 ENGLISH AVE NW

Borrower City

NEW PRAGUE

Borrower State

MN

Borrower Zip

56071

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63452.00

Current Approval Amount

63452.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW PRAGUE

Project County Name

LE SUEUR

Project State

MN

Project Zip

56071-0001

CD

MN-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63452.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

59770.73

Forgiveness Date

10/27/2020

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