PPP Loan information for Arctic electric inc

$25,397

Arctic electric inc was initially approved for PPP Loan of amount $25,397, the current approved amount is $25,397. The loan was approved on 07/15/2020 by The U.S. Bank, National Association reported 2 jobs and $25,397 was used to fund payroll.

Arctic electric inc is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / Arctic electric inc

ARCTIC ELECTRIC INC

Date Approved

07/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARCTIC ELECTRIC INC

Borrower Address

8719 SHORE TRL N

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25397.00

Current Approval Amount

25397.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25397.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25603.00

Forgiveness Date

05/06/2021

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