PPP Loan information for Westerm states electric inc

$151,337

Westerm states electric inc was initially approved for PPP Loan of amount $151,337, the current approved amount is $151,337. The loan was approved on 05/21/2020 by The First Interstate Bank reported 10 jobs and $151,337 was used to fund payroll.

Westerm states electric inc is Existing or more than 2 years old

PPP Loan Search / MT / RED LODGE / Westerm states electric inc

WESTERM STATES ELECTRIC INC

Date Approved

05/21/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

WESTERM STATES ELECTRIC INC

Borrower Address

741 Highway 212

Borrower City

RED LODGE

Borrower State

MT

Borrower Zip

59068

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151337.00

Current Approval Amount

151337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED LODGE

Project County Name

CARBON

Project State

MT

Project Zip

59068-0001

CD

MT-02

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

151337.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152630.62

Forgiveness Date

03/31/2021

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