PPP Loan information for G & r electric inc

$42,478

G & r electric inc was initially approved for PPP Loan of amount $42,478, the current approved amount is $42,478. The loan was approved on 02/19/2021 by The Minnwest Bank reported 4 jobs and $42,478 was used to fund payroll.

G & r electric inc is Existing or more than 2 years old

PPP Loan Search / MN / Tracy / G & r electric inc

G & R ELECTRIC INC

Date Approved

02/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

G & R ELECTRIC INC

Borrower Address

168 4th St

Borrower City

Tracy

Borrower State

MN

Borrower Zip

56175-1220

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42477.50

Current Approval Amount

42477.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tracy

Project County Name

LYON

Project State

MN

Project Zip

56175-1220

CD

MN-07

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42473.50

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42640.43

Forgiveness Date

07/14/2021

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