PPP Loan information for Bright side electric inc.

$132,171

Bright side electric inc. was initially approved for PPP Loan of amount $132,171, the current approved amount is $132,171. The loan was approved on 01/22/2021 by The Pine River State Bank reported 11 jobs and $132,171 was used to fund payroll.

Bright side electric inc. is Existing or more than 2 years old

PPP Loan Search / MN / Elk River / Bright side electric inc.

BRIGHT SIDE ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BRIGHT SIDE ELECTRIC INC.

Borrower Address

10039 209th Ave NW

Borrower City

Elk River

Borrower State

MN

Borrower Zip

55330-8624

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

132171.00

Current Approval Amount

132171.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38751

Servicing Lender Name

Pine River State Bank

Servicing Lender Address

103 Mill St S

Servicing Lender City

PINE RIVER

Servicing Lender State

MN

Servicing Lender Zip

56474-4006

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elk River

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-8624

CD

MN-06

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

132169.00

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

38751

Originating Lender

Pine River State Bank

Originating Lender City

PINE RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132728.65

Forgiveness Date

07/08/2021

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