PPP Loan information for Crossroads electric inc

$227,972

Crossroads electric inc was initially approved for PPP Loan of amount $227,972, the current approved amount is $227,972. The loan was approved on 03/09/2021 by The Stock Growers Bank reported 19 jobs and $227,972 was used to fund payroll.

Crossroads electric inc is Existing or more than 2 years old

CROSSROADS ELECTRIC INC

Date Approved

03/09/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

CROSSROADS ELECTRIC INC

Borrower Address

421 Main St

Borrower City

Milnor

Borrower State

ND

Borrower Zip

58060-4001

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

227971.71

Current Approval Amount

227971.71

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52781

Servicing Lender Name

Stock Growers Bank

Servicing Lender Address

331 Main St

Servicing Lender City

FORMAN

Servicing Lender State

ND

Servicing Lender Zip

58032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milnor

Project County Name

SARGENT

Project State

ND

Project Zip

58060-4001

CD

ND-

Jobs Reported

19

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

227968.71

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

52781

Originating Lender

Stock Growers Bank

Originating Lender City

FORMAN

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

228763.28

Forgiveness Date

07/14/2021

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