PPP Loan information for Brandel electric, llc

$73,700

Brandel electric, llc was initially approved for PPP Loan of amount $73,700, the current approved amount is $73,700. The loan was approved on 04/03/2020 by The Kensington Bank reported 6 jobs and $73,700 was used to fund payroll.

Brandel electric, llc is Existing or more than 2 years old

PPP Loan Search / MN / COKATO / Brandel electric, llc

BRANDEL ELECTRIC, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRANDEL ELECTRIC, LLC

Borrower Address

7070 PEYTON AVE

Borrower City

COKATO

Borrower State

MN

Borrower Zip

55321-4582

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73700.00

Current Approval Amount

73700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38282

Servicing Lender Name

Kensington Bank

Servicing Lender Address

11 N Central Ave

Servicing Lender City

KENSINGTON

Servicing Lender State

MN

Servicing Lender Zip

56343-4400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COKATO

Project County Name

WRIGHT

Project State

MN

Project Zip

55321-4582

CD

MN-06

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73700.00

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

38282

Originating Lender

Kensington Bank

Originating Lender City

KENSINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74205.66

Forgiveness Date

12/17/2020

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