PPP Loan information for Ohnstad electric inc

$66,500

Ohnstad electric inc was initially approved for PPP Loan of amount $66,500, the current approved amount is $66,500. The loan was approved on 04/13/2020 by The First United Bank reported 5 jobs and $66,500 was used to fund payroll.

Ohnstad electric inc is New Business or 2 years or less

PPP Loan Search / ND / PETERSBURG / Ohnstad electric inc

OHNSTAD ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

OHNSTAD ELECTRIC INC

Borrower Address

12263 50TH ST NE

Borrower City

PETERSBURG

Borrower State

ND

Borrower Zip

58272-9677

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66500.00

Current Approval Amount

66500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52926

Servicing Lender Name

First United Bank

Servicing Lender Address

503 Briggs Ave South

Servicing Lender City

PARK RIVER

Servicing Lender State

ND

Servicing Lender Zip

58270

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PETERSBURG

Project County Name

NELSON

Project State

ND

Project Zip

58272-9677

CD

ND-

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66500.00

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

52926

Originating Lender

First United Bank

Originating Lender City

PARK RIVER

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

67144.68

Forgiveness Date

04/01/2021

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