PPP Loan information for Conductor power llc

$497,500

Conductor power llc was initially approved for PPP Loan of amount $497,500, the current approved amount is $497,500. The loan was approved on 01/19/2021 by The Midwest Bank reported 50 jobs and $497,500 was used to fund payroll.

Conductor power llc is Existing or more than 2 years old

PPP Loan Search / MN / Brainerd / Conductor power llc

CONDUCTOR POWER LLC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CONDUCTOR POWER LLC

Borrower Address

4993 Gull Lake Dam Rd

Borrower City

Brainerd

Borrower State

MN

Borrower Zip

56401-7905

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

497500.00

Current Approval Amount

497500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brainerd

Project County Name

CASS

Project State

MN

Project Zip

56401-7905

CD

MN-08

Jobs Reported

50

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

497498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

499885.27

Forgiveness Date

07/16/2021

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