PPP Loan information for D&g electric, inc

$124,749

D&g electric, inc was initially approved for PPP Loan of amount $161,400, the current approved amount is $124,749. The loan was approved on 04/05/2020 by The Stearns Bank National Association reported 5 jobs and $124,749 was used to fund payroll.

D&g electric, inc is Existing or more than 2 years old

PPP Loan Search / MN / NORTH BRANCH / D&g electric, inc

D&G ELECTRIC, INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

D&G ELECTRIC, INC

Borrower Address

6491 381st St

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056-5815

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161400.00

Current Approval Amount

124749.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-5815

CD

MN-08

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

107000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3300.00

Debt Interest Proceed

4949

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125931.55

Forgiveness Date

04/02/2021

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