PPP Loan information for Duell electric inc

$20,000

Duell electric inc was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 05/18/2020 by The Lake Elmo Bank reported 2 jobs and $20,000 was used to fund payroll.

Duell electric inc is Existing or more than 2 years old

PPP Loan Search / MN / STILLWATER / Duell electric inc

DUELL ELECTRIC INC

Date Approved

05/18/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DUELL ELECTRIC INC

Borrower Address

7939 NEWBERRY CT

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-9104

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-9104

CD

MN-04

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20149.04

Forgiveness Date

02/23/2021

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