PPP Loan information for Dakota hills electric inc.

$205,400

Dakota hills electric inc. was initially approved for PPP Loan of amount $205,400, the current approved amount is $205,400. The loan was approved on 02/20/2021 by The Alerus Financial, National Association reported 18 jobs and $205,400 was used to fund payroll.

Dakota hills electric inc. is Existing or more than 2 years old

DAKOTA HILLS ELECTRIC INC.

Date Approved

02/20/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

DAKOTA HILLS ELECTRIC INC.

Borrower Address

15726 Highway 46

Borrower City

Kindred

Borrower State

ND

Borrower Zip

58051-9561

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

205400.00

Current Approval Amount

205400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kindred

Project County Name

RICHLAND

Project State

ND

Project Zip

58051-9561

CD

ND-

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205399.00

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

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

206775.04

Forgiveness Date

10/25/2021

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