PPP Loan information for Grotberg electric, inc.

$1,161,200

Grotberg electric, inc. was initially approved for PPP Loan of amount $1,161,200, the current approved amount is $1,161,200. The loan was approved on 04/15/2020 by The Dacotah Bank reported 88 jobs and $1,161,200 was used to fund payroll.

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

GROTBERG ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GROTBERG ELECTRIC, INC.

Borrower Address

1109 MAIN ST

Borrower City

VALLEY CITY

Borrower State

ND

Borrower Zip

58072-3639

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1161200.00

Current Approval Amount

1161200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALLEY CITY

Project County Name

BARNES

Project State

ND

Project Zip

58072-3639

CD

ND-

Jobs Reported

88

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6900.00

Payroll Proceed

929900.00

Mortgage Interest Proceed

0.00

Rent Proceed

7400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

217000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1169134.87

Forgiveness Date

12/28/2020

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