PPP Loan information for Worthington electric, inc.

$34,900

Worthington electric, inc. was initially approved for PPP Loan of amount $34,900, the current approved amount is $34,900. The loan was approved on 04/10/2020 by The First National Bank reported 4 jobs and $34,900 was used to fund payroll.

Worthington electric, inc. is Existing or more than 2 years old

WORTHINGTON ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WORTHINGTON ELECTRIC, INC.

Borrower Address

1437 MINNESOTA DR

Borrower City

WORTHINGTON

Borrower State

MN

Borrower Zip

56187-1317

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34900.00

Current Approval Amount

34900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38099

Servicing Lender Name

First National Bank

Servicing Lender Address

141 E Main St

Servicing Lender City

OLDHAM

Servicing Lender State

SD

Servicing Lender Zip

57051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WORTHINGTON

Project County Name

NOBLES

Project State

MN

Project Zip

56187-1317

CD

MN-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4362.00

Payroll Proceed

26175.00

Mortgage Interest Proceed

0.00

Rent Proceed

4363.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35116.19

Forgiveness Date

11/27/2020

;