PPP Loan information for Dewar electric inc

$234,300

Dewar electric inc was initially approved for PPP Loan of amount $234,300, the current approved amount is $234,300. The loan was approved on 04/04/2020 by The Bank Midwest reported 13 jobs and $234,300 was used to fund payroll.

Dewar electric inc is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / Dewar electric inc

DEWAR ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DEWAR ELECTRIC INC

Borrower Address

724 EAST BLUE EARTH AVE

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-4032

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234300.00

Current Approval Amount

234300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-4032

CD

MN-01

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

234300.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

236083.28

Forgiveness Date

01/20/2021

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