ALWAYS CURRENT ELECTRIC (WI) - 2020 PPP Loan Borrower Profile (# 5878487402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALWAYS CURRENT ELECTRIC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Wisconsin.

Loan Detail

Loan Number

5878487402

SBA Office Code

0563

Processing Method

PPP

Curent Loan Amount

$10,500

Date Loan was Approved

May 13, 2020

Amount Forgiven

$10,630.38

Date Loan was Forgiven

Aug 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

10,500

Lender

Prevail Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

238210

Borrower Location

MARATHON, WI

Project Location

MARATHON, WI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.