PPP Loan information for Skeels electric company

$950,000

Skeels electric company was initially approved for PPP Loan of amount $950,000, the current approved amount is $950,000. The loan was approved on 02/03/2021 by The Starion Bank reported 50 jobs and $950,000 was used to fund payroll.

Skeels electric company is Existing or more than 2 years old

SKEELS ELECTRIC COMPANY

Date Approved

02/03/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

SKEELS ELECTRIC COMPANY

Borrower Address

217 N 23rd St

Borrower City

Bismarck

Borrower State

ND

Borrower Zip

58501-4913

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

950000.00

Current Approval Amount

950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118060

Servicing Lender Name

Starion Bank

Servicing Lender Address

333 N 4th St

Servicing Lender City

BISMARCK

Servicing Lender State

ND

Servicing Lender Zip

58501-4020

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bismarck

Project County Name

BURLEIGH

Project State

ND

Project Zip

58501-4913

CD

ND-

Jobs Reported

50

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

949996.00

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

118060

Originating Lender

Starion Bank

Originating Lender City

BISMARCK

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

956845.21

Forgiveness Date

11/01/2021

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