PPP Loan information for Ben otto electric

$84,885

Ben otto electric was initially approved for PPP Loan of amount $84,885, the current approved amount is $84,885. The loan was approved on 03/18/2021 by The Old National Bank reported 6 jobs and $84,885 was used to fund payroll.

Ben otto electric is Existing or more than 2 years old

PPP Loan Search / MN / Waconia / Ben otto electric

BEN OTTO ELECTRIC

Date Approved

03/18/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BEN OTTO ELECTRIC

Borrower Address

1433 Bluebird Dr

Borrower City

Waconia

Borrower State

MN

Borrower Zip

55387-1142

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84885.00

Current Approval Amount

84885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waconia

Project County Name

CARVER

Project State

MN

Project Zip

55387-1142

CD

MN-06

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84885.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85210.59

Forgiveness Date

08/10/2021

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