PPP Loan information for Erickson electric company inc.

$796,847

Erickson electric company inc. was initially approved for PPP Loan of amount $796,847, the current approved amount is $796,847. The loan was approved on 01/22/2021 by The The First National Bank of Milaca reported 33 jobs and $796,847 was used to fund payroll.

Erickson electric company inc. is Existing or more than 2 years old

PPP Loan Search / MN / Saint Cloud / Erickson electric company inc.

ERICKSON ELECTRIC COMPANY INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ERICKSON ELECTRIC COMPANY INC.

Borrower Address

3308 Southway Dr

Borrower City

Saint Cloud

Borrower State

MN

Borrower Zip

56301-9513

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

796847.00

Current Approval Amount

796847.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38387

Servicing Lender Name

The First National Bank of Milaca

Servicing Lender Address

190 2nd Ave SW

Servicing Lender City

MILACA

Servicing Lender State

MN

Servicing Lender Zip

56353-1106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Cloud

Project County Name

STEARNS

Project State

MN

Project Zip

56301-9513

CD

MN-06

Jobs Reported

33

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

796844.00

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

38387

Originating Lender

The First National Bank of Milaca

Originating Lender City

MILACA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

800477.08

Forgiveness Date

07/13/2021

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