PPP Loan information for Birchwood electric, inc.

$126,100

Birchwood electric, inc. was initially approved for PPP Loan of amount $117,800, the current approved amount is $126,100. The loan was approved on 04/06/2020 by The Falcon National Bank reported 10 jobs and $126,100 was used to fund payroll.

Birchwood electric, inc. is Existing or more than 2 years old

BIRCHWOOD ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BIRCHWOOD ELECTRIC, INC.

Borrower Address

8551 County Road 75

Borrower City

SAINT JOSEPH

Borrower State

MN

Borrower Zip

56374-9609

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117800.00

Current Approval Amount

126100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOSEPH

Project County Name

STEARNS

Project State

MN

Project Zip

56374-9609

CD

MN-06

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

126100.00

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

Corporation

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127378.27

Forgiveness Date

04/21/2021

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