PPP Loan information for Hometown electric of northern mn., inc.

$113,385

Hometown electric of northern mn., inc. was initially approved for PPP Loan of amount $113,385, the current approved amount is $113,385. The loan was approved on 04/12/2020 by The Frandsen Bank & Trust reported 7 jobs and $113,385 was used to fund payroll.

Hometown electric of northern mn., inc. is Existing or more than 2 years old

PPP Loan Search / MN / VIRGINIA / Hometown electric of northern mn., inc.

HOMETOWN ELECTRIC OF NORTHERN MN., INC.

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOMETOWN ELECTRIC OF NORTHERN MN., INC.

Borrower Address

1907 S 15th Ave

Borrower City

VIRGINIA

Borrower State

MN

Borrower Zip

55792-3746

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113385.00

Current Approval Amount

113385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-3746

CD

MN-08

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113385.00

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

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114015.61

Forgiveness Date

11/12/2020

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