ANDERSON ELECTRIC SERVICE, INC. (WI) - 2020 PPP Loan Borrower Profile (# 9144057009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDERSON ELECTRIC SERVICE, INC.. 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
9144057009
SBA Office Code
0563
Processing Method
PPP
Curent Loan Amount
$138,315
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$139,182.78
Date Loan was Forgiven
Nov 27, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
15,057
Payroll Proced
97,917
Rent Proceed
13,107
Health Care Proceed
10,640
Debt Interest Proceed
1,594
Lender
Citizens State Bank of Loyal

Business Detail

Business Type
Corporation
NAICS
238210
Borrower Location
SPENCER, WI
Project Location
SPENCER, WI
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
13
Business Age Description
Existing or more than 2 years old
Data Source: SBA.