PPP Loan information for Cedar view electric inc

$160,545

Cedar view electric inc was initially approved for PPP Loan of amount $160,545, the current approved amount is $160,545. The loan was approved on 04/28/2020 by The New Market Bank reported 12 jobs and $160,545 was used to fund payroll.

Cedar view electric inc is Existing or more than 2 years old

CEDAR VIEW ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CEDAR VIEW ELECTRIC INC

Borrower Address

22776 PINE TRAIL

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-7535

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160545.00

Current Approval Amount

160545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-7535

CD

MN-02

Jobs Reported

12

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

150545.00

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

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161978.91

Forgiveness Date

03/31/2021

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