PPP Loan information for Fischer electric

$89,563

Fischer electric was initially approved for PPP Loan of amount $89,563, the current approved amount is $89,563. The loan was approved on 04/13/2020 by The The Farmers and Merchants State Bank reported 9 jobs and $89,563 was used to fund payroll.

Fischer electric is Existing or more than 2 years old

FISCHER ELECTRIC

Date Approved

04/13/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FISCHER ELECTRIC

Borrower Address

320 Dollard Street

Borrower City

SCOTLAND

Borrower State

SD

Borrower Zip

57059-2029

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89562.50

Current Approval Amount

89562.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66590

Servicing Lender Name

The Farmers and Merchants State Bank

Servicing Lender Address

550 Main St

Servicing Lender City

SCOTLAND

Servicing Lender State

SD

Servicing Lender Zip

57059-7059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTLAND

Project County Name

BON HOMME

Project State

SD

Project Zip

57059-2029

CD

SD-

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89562.50

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

Sole Proprietorship

Originating Lender Location Id

66590

Originating Lender

The Farmers and Merchants State Bank

Originating Lender City

SCOTLAND

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90276.55

Forgiveness Date

02/09/2021

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