PPP Loan information for Bright side electric, inc

$114,700

Bright side electric, inc was initially approved for PPP Loan of amount $114,700, the current approved amount is $114,700. The loan was approved on 04/27/2020 by The Pine River State Bank reported 8 jobs and $114,700 was used to fund payroll.

Bright side electric, inc is Unanswered

BRIGHT SIDE ELECTRIC, INC

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

114700.00

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

Unanswered

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-8624

CD

MN-06

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

114700.00

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

115265.64

Forgiveness Date

11/03/2020

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