PPP Loan information for Fobbe electric, inc.

$137,800

Fobbe electric, inc. was initially approved for PPP Loan of amount $137,800, the current approved amount is $137,800. The loan was approved on 04/05/2020 by The Citizens State Bank Norwood Young America reported 9 jobs and $137,800 was used to fund payroll.

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

PPP Loan Search / MN / DELANO / Fobbe electric, inc.

FOBBE ELECTRIC, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FOBBE ELECTRIC, INC.

Borrower Address

111 MEADOWLARK DR

Borrower City

DELANO

Borrower State

MN

Borrower Zip

55328-9789

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137800.00

Current Approval Amount

137800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38711

Servicing Lender Name

Citizens State Bank Norwood Young America

Servicing Lender Address

409 Faxon Rd

Servicing Lender City

NORWOOD YOUNG AMERICA

Servicing Lender State

MN

Servicing Lender Zip

55368

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELANO

Project County Name

WRIGHT

Project State

MN

Project Zip

55328-9789

CD

MN-06

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

137800.00

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

38711

Originating Lender

Citizens State Bank Norwood Young America

Originating Lender City

NORWOOD YOUNG AMERICA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138764.60

Forgiveness Date

12/18/2020

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