PPP Loan information for Dakota hills electric, inc.

$205,700

Dakota hills electric, inc. was initially approved for PPP Loan of amount $205,700, the current approved amount is $205,700. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 17 jobs and $205,700 was used to fund payroll.

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

DAKOTA HILLS ELECTRIC, INC.

Date Approved

04/11/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DAKOTA HILLS ELECTRIC, INC.

Borrower Address

15726 Hwy 46

Borrower City

KINDRED

Borrower State

ND

Borrower Zip

58051-9561

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205700.00

Current Approval Amount

205700.00

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

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26475.00

Payroll Proceed

158850.00

Mortgage Interest Proceed

0.00

Rent Proceed

20375.00

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

206934.20

Forgiveness Date

11/19/2020

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