PPP Loan information for Electric systems of duluth, inc.

$192,038

Electric systems of duluth, inc. was initially approved for PPP Loan of amount $192,038, the current approved amount is $192,038. The loan was approved on 01/16/2021 by The Western National Bank reported 20 jobs and $192,038 was used to fund payroll.

Electric systems of duluth, inc. is Existing or more than 2 years old

ELECTRIC SYSTEMS OF DULUTH, INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ELECTRIC SYSTEMS OF DULUTH, INC.

Borrower Address

4731 Grand Ave

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55807-2751

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

192037.50

Current Approval Amount

192037.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36821

Servicing Lender Name

Western National Bank

Servicing Lender Address

201 N Central Ave

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55807-2751

CD

MN-08

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

192035.50

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

36821

Originating Lender

Western National Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

192784.31

Forgiveness Date

06/15/2021

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