PPP Loan information for Brads electric inc.

$24,000

Brads electric inc. was initially approved for PPP Loan of amount $24,000, the current approved amount is $24,000. The loan was approved on 04/28/2020 by The Merchants Bank, National Association reported 2 jobs and $24,000 was used to fund payroll.

Brads electric inc. is Unanswered

PPP Loan Search / MN / CALEDONIA / Brads electric inc.

BRADS ELECTRIC INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRADS ELECTRIC INC.

Borrower Address

12435 Green Acres Dr

Borrower City

CALEDONIA

Borrower State

MN

Borrower Zip

55921

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24000.00

Current Approval Amount

24000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CALEDONIA

Project County Name

HOUSTON

Project State

MN

Project Zip

55921-0001

CD

MN-01

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

18000.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24164.67

Forgiveness Date

01/07/2021

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