PPP Loan information for A & m electric inc

$78,500

A & m electric inc was initially approved for PPP Loan of amount $78,500, the current approved amount is $78,500. The loan was approved on 05/27/2020 by The HomeTown Bank reported 7 jobs and $78,500 was used to fund payroll.

A & m electric inc is Existing or more than 2 years old

PPP Loan Search / MN / NEW PRAGUE / A & m electric inc

A & M ELECTRIC INC

Date Approved

05/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

A & M ELECTRIC INC

Borrower Address

26425 REDWING AVE

Borrower City

NEW PRAGUE

Borrower State

MN

Borrower Zip

56071-8871

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78500.00

Current Approval Amount

78500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88597

Servicing Lender Name

HomeTown Bank

Servicing Lender Address

1000 E Cook St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW PRAGUE

Project County Name

SCOTT

Project State

MN

Project Zip

56071-8871

CD

MN-02

Jobs Reported

7

NAICS Code

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78500.00

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

88597

Originating Lender

HomeTown Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78997.17

Forgiveness Date

01/25/2021

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