PPP Loan information for Central minnesota electric inc

$187,600

Central minnesota electric inc was initially approved for PPP Loan of amount $187,600, the current approved amount is $187,600. The loan was approved on 04/10/2020 by The Randall State Bank reported 12 jobs and $187,600 was used to fund payroll.

Central minnesota electric inc is Existing or more than 2 years old

PPP Loan Search / MN / LITTLE FALLS / Central minnesota electric inc

CENTRAL MINNESOTA ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CENTRAL MINNESOTA ELECTRIC INC

Borrower Address

1805 HAVEN RD

Borrower City

LITTLE FALLS

Borrower State

MN

Borrower Zip

56345-2286

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187600.00

Current Approval Amount

187600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38771

Servicing Lender Name

Randall State Bank

Servicing Lender Address

307 Pacific Ave

Servicing Lender City

RANDALL

Servicing Lender State

MN

Servicing Lender Zip

56475-4400

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE FALLS

Project County Name

MORRISON

Project State

MN

Project Zip

56345-2286

CD

MN-07

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176238.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3362.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38771

Originating Lender

Randall State Bank

Originating Lender City

RANDALL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178586.67

Forgiveness Date

11/09/2020

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