PPP Loan information for The electrician inc

$490,170

The electrician inc was initially approved for PPP Loan of amount $490,170, the current approved amount is $490,170. The loan was approved on 02/24/2021 by The Lake Ridge Bank reported 43 jobs and $490,170 was used to fund payroll.

The electrician inc is Existing or more than 2 years old

THE ELECTRICIAN INC

Date Approved

02/24/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

THE ELECTRICIAN INC

Borrower Address

515 Springdale St

Borrower City

Mount Horeb

Borrower State

WI

Borrower Zip

53572-1749

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

490170.00

Current Approval Amount

490170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Horeb

Project County Name

DANE

Project State

WI

Project Zip

53572-1749

CD

WI-02

Jobs Reported

43

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

490165.00

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

Corporation

Originating Lender Location Id

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

492130.68

Forgiveness Date

07/23/2021

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