PPP Loan information for Utility energy systems, llc

$141,000

Utility energy systems, llc was initially approved for PPP Loan of amount $141,000, the current approved amount is $141,000. The loan was approved on 04/13/2020 by The Alerus Financial, National Association reported 8 jobs and $141,000 was used to fund payroll.

Utility energy systems, llc is Existing or more than 2 years old

UTILITY ENERGY SYSTEMS, LLC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UTILITY ENERGY SYSTEMS, LLC

Borrower Address

15575 190th Ave. N.E.

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-4900

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141000.00

Current Approval Amount

141000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-4900

CD

MN-06

Jobs Reported

8

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35200.00

Payroll Proceed

105800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

142034.00

Forgiveness Date

01/07/2021

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