PPP Loan information for Braastad electric inc

$21,100

Braastad electric inc was initially approved for PPP Loan of amount $21,100, the current approved amount is $21,100. The loan was approved on 01/25/2021 by The CorTrust Bank National Association reported 2 jobs and $21,100 was used to fund payroll.

Braastad electric inc is Existing or more than 2 years old

PPP Loan Search / MN / Ham Lake / Braastad electric inc

BRAASTAD ELECTRIC INC

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BRAASTAD ELECTRIC INC

Borrower Address

16909 Baltimore St NE

Borrower City

Ham Lake

Borrower State

MN

Borrower Zip

55304-4955

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21100.00

Current Approval Amount

21100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ham Lake

Project County Name

ANOKA

Project State

MN

Project Zip

55304-4955

CD

MN-06

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21100.00

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

Subchapter S Corporation

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21220.82

Forgiveness Date

08/31/2021

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