PPP Loan information for Central power distributors

$386,700

Central power distributors was initially approved for PPP Loan of amount $386,700, the current approved amount is $386,700. The loan was approved on 04/11/2020 by The Bremer Bank, National Association reported 67 jobs and $386,700 was used to fund payroll.

Central power distributors is Existing or more than 2 years old

CENTRAL POWER DISTRIBUTORS

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CENTRAL POWER DISTRIBUTORS

Borrower Address

3801 Thurston Avenue NW

Borrower City

ANOKA

Borrower State

MN

Borrower Zip

55303-1064

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

386700.00

Current Approval Amount

386700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANOKA

Project County Name

ANOKA

Project State

MN

Project Zip

55303-1064

CD

MN-03

Jobs Reported

67

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

386700.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

389655.87

Forgiveness Date

01/20/2021

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