PPP borrower record

JIM'S ELECTRIC CO., INC. PPP loan record

Public SBA PPP loan record for JIM'S ELECTRIC CO., INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$414,900
Approved amount
$417,924
Forgiven amount
2020-04-03
Date approved

Borrower and loan details

Borrower
JIM'S ELECTRIC CO., INC.
Loan number
4440877010
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Baxter
Borrower state
Minnesota
Borrower ZIP
56425
Jobs reported
29
Loan status
Paid in Full
Forgiveness date
2020-12-31
Servicing lender
Mid Minnesota FCU
Originating lender
Mid Minnesota FCU

Reported use of proceeds

Payroll
$361,500
Rent
$9,700
Utilities
$4,582
Mortgage interest
$2,760
Health care
$32,858
Debt interest
$3,500

Location pages

Related directories

Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.