PPP Loan information for Big woods electric motor, inc.

$59,800

Big woods electric motor, inc. was initially approved for PPP Loan of amount $59,800, the current approved amount is $59,800. The loan was approved on 04/13/2020 by The Bremer Bank, National Association reported 4 jobs and $59,800 was used to fund payroll.

Big woods electric motor, inc. is Existing or more than 2 years old

PPP Loan Search / ND / WAHPETON / Big woods electric motor, inc.

BIG WOODS ELECTRIC MOTOR, INC.

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

BIG WOODS ELECTRIC MOTOR, INC.

Borrower Address

875 8th Ave. South

Borrower City

WAHPETON

Borrower State

ND

Borrower Zip

58075-3604

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59800.00

Current Approval Amount

59800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAHPETON

Project County Name

RICHLAND

Project State

ND

Project Zip

58075-3604

CD

ND-

Jobs Reported

4

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59800.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60504.49

Forgiveness Date

06/22/2021

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