PPP Loan information for Mike's electric of central minnesota inc

$39,942

Mike's electric of central minnesota inc was initially approved for PPP Loan of amount $39,942, the current approved amount is $39,942. The loan was approved on 04/27/2020 by The Sentry Bank reported 3 jobs and $39,942 was used to fund payroll.

Mike's electric of central minnesota inc is Existing or more than 2 years old

PPP Loan Search / MN / SAINT JOSEPH / Mike's electric of central minnesota inc

MIKE'S ELECTRIC OF CENTRAL MINNESOTA INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIKE'S ELECTRIC OF CENTRAL MINNESOTA INC

Borrower Address

210 Jasmine Lane

Borrower City

SAINT JOSEPH

Borrower State

MN

Borrower Zip

56374-0121

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39942.00

Current Approval Amount

39942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38828

Servicing Lender Name

Sentry Bank

Servicing Lender Address

400 4th Ave NE

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MN

Servicing Lender Zip

56374-8644

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOSEPH

Project County Name

STEARNS

Project State

MN

Project Zip

56374-0121

CD

MN-06

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3994.00

Payroll Proceed

29957.00

Mortgage Interest Proceed

0.00

Rent Proceed

5991.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38828

Originating Lender

Sentry Bank

Originating Lender City

SAINT JOSEPH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40145.04

Forgiveness Date

11/02/2020

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