PPP Loan information for Burlington electric inc

$182,700

Burlington electric inc was initially approved for PPP Loan of amount $182,700, the current approved amount is $182,700. The loan was approved on 04/07/2020 by The United Community Bank of North Dakota reported 11 jobs and $182,700 was used to fund payroll.

Burlington electric inc is Existing or more than 2 years old

PPP Loan Search / ND / BURLINGTON / Burlington electric inc

BURLINGTON ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

BURLINGTON ELECTRIC INC

Borrower Address

3301 101ST ST NW

Borrower City

BURLINGTON

Borrower State

ND

Borrower Zip

58722-9688

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182700.00

Current Approval Amount

182700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52878

Servicing Lender Name

United Community Bank of North Dakota

Servicing Lender Address

105 Central Ave S

Servicing Lender City

LEEDS

Servicing Lender State

ND

Servicing Lender Zip

58346

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

WARD

Project State

ND

Project Zip

58722-9688

CD

ND-

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

147700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

32000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52878

Originating Lender

United Community Bank of North Dakota

Originating Lender City

LEEDS

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

183716.11

Forgiveness Date

11/03/2020

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