PPP Loan information for Nylund electric

$126,000

Nylund electric was initially approved for PPP Loan of amount $128,057, the current approved amount is $126,000. The loan was approved on 04/09/2020 by The Park State Bank reported 10 jobs and $126,000 was used to fund payroll.

Nylund electric is Existing or more than 2 years old

PPP Loan Search / MN / DULUTH / Nylund electric

NYLUND ELECTRIC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NYLUND ELECTRIC

Borrower Address

5723 GRAND AVENUE

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55807-2541

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128057.00

Current Approval Amount

126000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55807-2541

CD

MN-08

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

126000.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127677.70

Forgiveness Date

08/17/2021

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