PPP Loan information for University electric inc

$20,800

University electric inc was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 05/08/2020 by The BANKWEST reported 1 jobs and $20,800 was used to fund payroll.

University electric inc is Existing or more than 2 years old

UNIVERSITY ELECTRIC INC

Date Approved

05/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UNIVERSITY ELECTRIC INC

Borrower Address

2322 33RD ST NW

Borrower City

BUFFALO

Borrower State

MN

Borrower Zip

55313-3503

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38796

Servicing Lender Name

BANKWEST

Servicing Lender Address

5921 Main St

Servicing Lender City

ROCKFORD

Servicing Lender State

MN

Servicing Lender Zip

55373-9557

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO

Project County Name

WRIGHT

Project State

MN

Project Zip

55313-3503

CD

MN-06

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

38796

Originating Lender

BANKWEST

Originating Lender City

ROCKFORD

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20935.06

Forgiveness Date

01/07/2021

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