Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
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
01/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
114700.00
Current Approval Amount
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
Servicing Lender Zip
56474-4006
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
SHERBURNE
Project State
Project Zip
CD
MN-06
Jobs Reported
8
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
115265.64
Forgiveness Date
11/03/2020