PPP Loan information for Gene's electric inc.

$19,000

Gene's electric inc. was initially approved for PPP Loan of amount $19,000, the current approved amount is $19,000. The loan was approved on 01/30/2021 by The Park State Bank reported 2 jobs and $19,000 was used to fund payroll.

Gene's electric inc. is Existing or more than 2 years old

PPP Loan Search / MN / Grand Rapids / Gene's electric inc.

GENE'S ELECTRIC INC.

Date Approved

01/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GENE'S ELECTRIC INC.

Borrower Address

2709 Jessie Mine Rd

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-4401

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19000.00

Current Approval Amount

19000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-4401

CD

MN-08

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19000.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19096.30

Forgiveness Date

08/16/2021

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