PPP Loan information for Bessler brothers electric llc

$575,000

Bessler brothers electric llc was initially approved for PPP Loan of amount $575,000, the current approved amount is $575,000. The loan was approved on 01/22/2021 by The The First National Bank of Bemidji reported 36 jobs and $575,000 was used to fund payroll.

Bessler brothers electric llc is Existing or more than 2 years old

PPP Loan Search / MN / Bemidji / Bessler brothers electric llc

BESSLER BROTHERS ELECTRIC LLC

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BESSLER BROTHERS ELECTRIC LLC

Borrower Address

3481 Laurel Dr NW

Borrower City

Bemidji

Borrower State

MN

Borrower Zip

56601-5604

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

575000.00

Current Approval Amount

575000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36643

Servicing Lender Name

The First National Bank of Bemidji

Servicing Lender Address

1600 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601-4105

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bemidji

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-5604

CD

MN-08

Jobs Reported

36

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

574996.00

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

36643

Originating Lender

The First National Bank of Bemidji

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

580702.08

Forgiveness Date

01/25/2022

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