PPP Loan information for Red d electric inc

$27,680

Red d electric inc was initially approved for PPP Loan of amount $27,680, the current approved amount is $27,680. The loan was approved on 04/29/2021 by The Wells Fargo Bank, National Association reported 2 jobs and $27,680 was used to fund payroll.

Red d electric inc is Existing or more than 2 years old

PPP Loan Search / MN / Duluth / Red d electric inc

RED D ELECTRIC INC

Date Approved

04/29/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RED D ELECTRIC INC

Borrower Address

4052 Jeffrey Rd

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55810-9519

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27680.00

Current Approval Amount

27680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55810-9519

CD

MN-08

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27680.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27778.59

Forgiveness Date

09/08/2021

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