PPP Loan information for First rate excavate inc

$1,492,660

First rate excavate inc was initially approved for PPP Loan of amount $149,259, the current approved amount is $1,492,660. The loan was approved on 04/08/2020 by The First PREMIER Bank reported 92 jobs and $1,492,660 was used to fund payroll.

First rate excavate inc is Existing or more than 2 years old

PPP Loan Search / SD / SIOUX FALLS / First rate excavate inc

FIRST RATE EXCAVATE INC

Date Approved

04/08/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FIRST RATE EXCAVATE INC

Borrower Address

1509 E 39th St N

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57104-0836

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149259.00

Current Approval Amount

1492660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66668

Servicing Lender Name

First PREMIER Bank

Servicing Lender Address

500 S Minnesota Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-4824

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57104-0836

CD

SD-

Jobs Reported

92

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1492660.00

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

66668

Originating Lender

First PREMIER Bank

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1501491.57

Forgiveness Date

11/17/2020

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