PPP Loan information for Centre electric, incorporated

$182,400

Centre electric, incorporated was initially approved for PPP Loan of amount $182,400, the current approved amount is $182,400. The loan was approved on 07/21/2020 by The Magnifi Financial CU reported 57 jobs and $182,400 was used to fund payroll.

Centre electric, incorporated is Existing or more than 2 years old

PPP Loan Search / MN / Sauk Centre / Centre electric, incorporated

CENTRE ELECTRIC, INCORPORATED

Date Approved

07/21/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CENTRE ELECTRIC, INCORPORATED

Borrower Address

43543 Co Rd 17

Borrower City

Sauk Centre

Borrower State

MN

Borrower Zip

56378

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

182400.00

Current Approval Amount

182400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sauk Centre

Project County Name

STEARNS

Project State

MN

Project Zip

56378-0001

CD

MN-07

Jobs Reported

57

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

182400.00

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

Subchapter S Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

184483.86

Forgiveness Date

09/20/2021

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