PPP Loan information for Dakota electric construction co, inc

$397,495

Dakota electric construction co, inc was initially approved for PPP Loan of amount $397,495, the current approved amount is $397,495. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 24 jobs and $397,495 was used to fund payroll.

Dakota electric construction co, inc is Existing or more than 2 years old

DAKOTA ELECTRIC CONSTRUCTION CO, INC

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DAKOTA ELECTRIC CONSTRUCTION CO, INC

Borrower Address

1550 1ST AVE NORTH

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-4275

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

397495.00

Current Approval Amount

397495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-4275

CD

ND-

Jobs Reported

24

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

397495.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

400487.25

Forgiveness Date

01/20/2021

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