PPP Loan information for Direct electric llc

$419,700

Direct electric llc was initially approved for PPP Loan of amount $419,700, the current approved amount is $419,700. The loan was approved on 06/29/2020 by The The Bank of Baker reported 24 jobs and $419,700 was used to fund payroll.

Direct electric llc is Existing or more than 2 years old

DIRECT ELECTRIC LLC

Date Approved

06/29/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

DIRECT ELECTRIC LLC

Borrower Address

3612 N Highway 7

Borrower City

BAKER

Borrower State

MT

Borrower Zip

59313-1098

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

419700.00

Current Approval Amount

419700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41774

Servicing Lender Name

The Bank of Baker

Servicing Lender Address

116 S Main St

Servicing Lender City

BAKER

Servicing Lender State

MT

Servicing Lender Zip

59313

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAKER

Project County Name

FALLON

Project State

MT

Project Zip

59313-1098

CD

MT-02

Jobs Reported

24

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

419700.00

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

Corporation

Originating Lender Location Id

41774

Originating Lender

The Bank of Baker

Originating Lender City

BAKER

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

422379.18

Forgiveness Date

02/25/2021

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