PPP Loan information for B & n electric llc

$34,167

B & n electric llc was initially approved for PPP Loan of amount $34,167, the current approved amount is $34,167. The loan was approved on 03/24/2021 by The Minnesota Lakes Bank reported 3 jobs and $34,167 was used to fund payroll.

B & n electric llc is Existing or more than 2 years old

PPP Loan Search / MN / Albertville / B & n electric llc

B & N ELECTRIC LLC

Date Approved

03/24/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

B & N ELECTRIC LLC

Borrower Address

11651 55th St NE

Borrower City

Albertville

Borrower State

MN

Borrower Zip

55301-9737

Loan Status Date

12/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34166.65

Current Approval Amount

34166.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albertville

Project County Name

WRIGHT

Project State

MN

Project Zip

55301-9737

CD

MN-06

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

34164.65

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

Limited Liability Company(LLC)

Originating Lender Location Id

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34385.89

Forgiveness Date

11/17/2021

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