PPP Loan information for Bloomington electric company

$344,387

Bloomington electric company was initially approved for PPP Loan of amount $344,387, the current approved amount is $344,387. The loan was approved on 06/22/2020 by The U.S. Bank, National Association reported 25 jobs and $344,387 was used to fund payroll.

Bloomington electric company is Existing or more than 2 years old

PPP Loan Search / MN / BLOOMINGTON / Bloomington electric company

BLOOMINGTON ELECTRIC COMPANY

Date Approved

06/22/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BLOOMINGTON ELECTRIC COMPANY

Borrower Address

815 AMERICAN BLVD E

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55420-1330

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

344387.00

Current Approval Amount

344387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55420-1330

CD

MN-03

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

344387.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

347907.40

Forgiveness Date

06/29/2021

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