PPP Loan information for Chad's electric inc.

$50,368

Chad's electric inc. was initially approved for PPP Loan of amount $50,368, the current approved amount is $50,368. The loan was approved on 02/06/2021 by The Choice Financial Group reported 4 jobs and $50,368 was used to fund payroll.

Chad's electric inc. is Existing or more than 2 years old

PPP Loan Search / ND / Ellendale / Chad's electric inc.

CHAD'S ELECTRIC INC.

Date Approved

02/06/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

CHAD'S ELECTRIC INC.

Borrower Address

67 Prairieview

Borrower City

Ellendale

Borrower State

ND

Borrower Zip

58436-7401

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50368.00

Current Approval Amount

50368.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ellendale

Project County Name

DICKEY

Project State

ND

Project Zip

58436-7401

CD

ND-

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50368.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50660.55

Forgiveness Date

09/17/2021

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