PPP Loan information for Backwoods electric llc

$20,833

Backwoods electric llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 02/24/2021 by The Community Development Bank, FSB reported 1 jobs and $20,833 was used to fund payroll.

Backwoods electric llc is Existing or more than 2 years old

PPP Loan Search / MN / Monticello / Backwoods electric llc

BACKWOODS ELECTRIC LLC

Date Approved

02/24/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BACKWOODS ELECTRIC LLC

Borrower Address

8025 Jason Ave NE

Borrower City

Monticello

Borrower State

MN

Borrower Zip

55362-3097

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.30

Current Approval Amount

20833.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38719

Servicing Lender Name

Community Development Bank, FSB

Servicing Lender Address

516 Main St

Servicing Lender City

OGEMA

Servicing Lender State

MN

Servicing Lender Zip

56569

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monticello

Project County Name

WRIGHT

Project State

MN

Project Zip

55362-3097

CD

MN-06

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.30

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

38719

Originating Lender

Community Development Bank, FSB

Originating Lender City

OGEMA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20906.22

Forgiveness Date

07/02/2021

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