PPP Loan information for Benda electric inc

$33,833

Benda electric inc was initially approved for PPP Loan of amount $33,833, the current approved amount is $33,833. The loan was approved on 03/12/2021 by The First Farmers & Merchants Bank reported 3 jobs and $33,833 was used to fund payroll.

Benda electric inc is Existing or more than 2 years old

PPP Loan Search / MN / Goodhue / Benda electric inc

BENDA ELECTRIC INC

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BENDA ELECTRIC INC

Borrower Address

213 2nd ave

Borrower City

Goodhue

Borrower State

MN

Borrower Zip

55027

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33833.00

Current Approval Amount

33833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Goodhue

Project County Name

GOODHUE

Project State

MN

Project Zip

55027

CD

MN-02

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

33829.00

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

Subchapter S Corporation

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33997.47

Forgiveness Date

09/13/2021

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