PPP Loan information for Thompson electric of albert lea inc

$138,900

Thompson electric of albert lea inc was initially approved for PPP Loan of amount $138,900, the current approved amount is $138,900. The loan was approved on 04/13/2020 by The Security Bank Minnesota reported 6 jobs and $138,900 was used to fund payroll.

Thompson electric of albert lea inc is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / Thompson electric of albert lea inc

THOMPSON ELECTRIC OF ALBERT LEA INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THOMPSON ELECTRIC OF ALBERT LEA INC

Borrower Address

310 S. 2ND AVE

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-1783

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138900.00

Current Approval Amount

138900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36585

Servicing Lender Name

Security Bank Minnesota

Servicing Lender Address

437 Bridge Ave

Servicing Lender City

Albert Lea

Servicing Lender State

MN

Servicing Lender Zip

56007-2954

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-1783

CD

MN-01

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

138900.00

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

36585

Originating Lender

Security Bank Minnesota

Originating Lender City

Albert Lea

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

140034.35

Forgiveness Date

02/09/2021

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