PPP Loan information for Drolc electric

$14,700

Drolc electric was initially approved for PPP Loan of amount $14,700, the current approved amount is $14,700. The loan was approved on 04/14/2020 by The Dacotah Bank reported 1 jobs and $14,700 was used to fund payroll.

Drolc electric is Existing or more than 2 years old

DROLC ELECTRIC

Date Approved

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DROLC ELECTRIC

Borrower Address

303 Adams Avenue

Borrower City

HETTINGER

Borrower State

ND

Borrower Zip

58639-0486

Loan Status Date

12/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14700.00

Current Approval Amount

14700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HETTINGER

Project County Name

ADAMS

Project State

ND

Project Zip

58639-0486

CD

ND-

Jobs Reported

1

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14700.00

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

Sole Proprietorship

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

14791.06

Forgiveness Date

11/25/2020

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