PPP Loan information for Choice electric inc

$492,100

Choice electric inc was initially approved for PPP Loan of amount $492,100, the current approved amount is $492,100. The loan was approved on 04/12/2020 by The Old National Bank reported 22 jobs and $492,100 was used to fund payroll.

Choice electric inc is Existing or more than 2 years old

PPP Loan Search / MN / SHAKOPEE / Choice electric inc

CHOICE ELECTRIC INC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHOICE ELECTRIC INC

Borrower Address

3080 4th Ave E

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-1767

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492100.00

Current Approval Amount

492100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-1767

CD

MN-02

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

492100.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

494944.74

Forgiveness Date

11/23/2020

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