PPP Loan information for Dave's electric motor co. llc

$10,000

Dave's electric motor co. llc was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 04/06/2020 by The Citizens Alliance Bank reported 4 jobs and $10,000 was used to fund payroll.

Dave's electric motor co. llc is Existing or more than 2 years old

PPP Loan Search / MN / GRANITE FALLS / Dave's electric motor co. llc

DAVE'S ELECTRIC MOTOR CO. LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DAVE'S ELECTRIC MOTOR CO. LLC

Borrower Address

750 hwy 212 w

Borrower City

GRANITE FALLS

Borrower State

MN

Borrower Zip

56241-0111

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36731

Servicing Lender Name

Citizens Alliance Bank

Servicing Lender Address

55 1st St NW

Servicing Lender City

CLARA CITY

Servicing Lender State

MN

Servicing Lender Zip

56222-1271

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANITE FALLS

Project County Name

YELLOW MEDICINE

Project State

MN

Project Zip

56241-0111

CD

MN-07

Jobs Reported

4

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

36731

Originating Lender

Citizens Alliance Bank

Originating Lender City

CLARA CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

10098.90

Forgiveness Date

04/13/2021

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