Loyal Electric INC

$43,000 PPP Loan in Madison, South Dakota

Loan Details

Loan Number
8541437102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$43,000
Current Approval
$43,000
Forgiveness Amount
$43,468
Forgiveness Date
May 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Loyal Electric INC
Address
23415 455th Ave
ZIP Code
57042
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
SD-

Loan Use Breakdown

Payroll
$43,000

Lender Information

Servicing Lender
First Bank & Trust
Originating Lender
First Bank & Trust

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