PPP Loan information for Electro mark inc

$96,000

Electro mark inc was initially approved for PPP Loan of amount $96,000, the current approved amount is $96,000. The loan was approved on 04/14/2020 by The Prime Security Bank reported 5 jobs and $96,000 was used to fund payroll.

Electro mark inc is Existing or more than 2 years old

ELECTRO MARK INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELECTRO MARK INC

Borrower Address

7805 telegraph rd 210

Borrower City

bloomington

Borrower State

MN

Borrower Zip

55438

Loan Status Date

11/14/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96000.00

Current Approval Amount

96000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38270

Servicing Lender Name

Prime Security Bank

Servicing Lender Address

201 Main St

Servicing Lender City

KARLSTAD

Servicing Lender State

MN

Servicing Lender Zip

56732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55438-0001

CD

MN-03

Jobs Reported

5

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

96000.00

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

38270

Originating Lender

Prime Security Bank

Originating Lender City

KARLSTAD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

96466.67

Forgiveness Date

10/13/2020

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