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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BARNES
Project State
Project Zip
CD
ND-
Jobs Reported
88
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
6900.00
Payroll Proceed
929900.00
Mortgage Interest Proceed
Rent Proceed
7400.00
Refinance EIDL Proceed
Health Care Proceed
217000.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1169134.87
Forgiveness Date
12/28/2020