PPP Loan information for Otten electric

$2,900

Otten electric was initially approved for PPP Loan of amount $2,900, the current approved amount is $2,900. The loan was approved on 04/28/2020 by The Lake Community Bank reported 1 jobs and $2,900 was used to fund payroll.

Otten electric is Existing or more than 2 years old

PPP Loan Search / MN / Maple Plain / Otten electric

OTTEN ELECTRIC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OTTEN ELECTRIC

Borrower Address

425 Turnham Road

Borrower City

Maple Plain

Borrower State

MN

Borrower Zip

55359-9344

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2900.00

Current Approval Amount

2900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38325

Servicing Lender Name

Lake Community Bank

Servicing Lender Address

1964 W Wayzata Blvd

Servicing Lender City

LONG LAKE

Servicing Lender State

MN

Servicing Lender Zip

55356-9494

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maple Plain

Project County Name

HENNEPIN

Project State

MN

Project Zip

55359-9344

CD

MN-03

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2320.00

Mortgage Interest Proceed

0.00

Rent Proceed

580.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

38325

Originating Lender

Lake Community Bank

Originating Lender City

LONG LAKE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2527.10

Forgiveness Date

11/19/2020

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