PPP Loan information for Demand electric llc

$37,172

Demand electric llc was initially approved for PPP Loan of amount $37,172, the current approved amount is $37,172. The loan was approved on 04/09/2020 by The Bank of Alma reported 3 jobs and $37,172 was used to fund payroll.

Demand electric llc is New Business or 2 years or less

PPP Loan Search / MN / PLAINVIEW / Demand electric llc

DEMAND ELECTRIC LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DEMAND ELECTRIC LLC

Borrower Address

PO Box 514

Borrower City

PLAINVIEW

Borrower State

MN

Borrower Zip

55964

Loan Status Date

12/01/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37172.45

Current Approval Amount

37172.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75542

Servicing Lender Name

Bank of Alma

Servicing Lender Address

211 S Main St

Servicing Lender City

ALMA

Servicing Lender State

WI

Servicing Lender Zip

54610

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PLAINVIEW

Project County Name

WABASHA

Project State

MN

Project Zip

55964-0271

CD

MN-01

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37172.45

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

75542

Originating Lender

Bank of Alma

Originating Lender City

ALMA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37375.87

Forgiveness Date

11/02/2020

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