PPP Loan information for Ag electric inc

$35,600

Ag electric inc was initially approved for PPP Loan of amount $35,600, the current approved amount is $35,600. The loan was approved on 04/09/2020 by The First International Bank & Trust reported 4 jobs and $35,600 was used to fund payroll.

Ag electric inc is Existing or more than 2 years old

AG ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AG ELECTRIC INC

Borrower Address

22832 40TH AVE S

Borrower City

HAWLEY

Borrower State

MN

Borrower Zip

56549-9006

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35600.00

Current Approval Amount

35600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52970

Servicing Lender Name

First International Bank & Trust

Servicing Lender Address

100 N Main St

Servicing Lender City

WATFORD CITY

Servicing Lender State

ND

Servicing Lender Zip

58854

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAWLEY

Project County Name

CLAY

Project State

MN

Project Zip

56549-9006

CD

MN-07

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35600.00

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

52970

Originating Lender

First International Bank & Trust

Originating Lender City

WATFORD CITY

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35861.07

Forgiveness Date

01/07/2021

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