PPP Loan information for The electronic connection

$11,875

The electronic connection was initially approved for PPP Loan of amount $11,875, the current approved amount is $11,875. The loan was approved on 05/01/2020 by The WebBank reported 2 jobs and $11,875 was used to fund payroll.

The electronic connection is Existing or more than 2 years old

THE ELECTRONIC CONNECTION

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE ELECTRONIC CONNECTION

Borrower Address

1404 12th St SE

Borrower City

New Prague

Borrower State

MN

Borrower Zip

56071

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11875.00

Current Approval Amount

11875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

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

2

NAICS Code

452319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11875.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12006.61

Forgiveness Date

06/08/2021

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