PPP Loan information for Fm electric inc

$49,500

Fm electric inc was initially approved for PPP Loan of amount $49,500, the current approved amount is $49,500. The loan was approved on 04/06/2020 by The First Community CU reported 5 jobs and $49,500 was used to fund payroll.

Fm electric inc is Existing or more than 2 years old

PPP Loan Search / ND / WEST FARGO / Fm electric inc

FM ELECTRIC INC

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

FM ELECTRIC INC

Borrower Address

110 36TH AVENUE PL

Borrower City

WEST FARGO

Borrower State

ND

Borrower Zip

58078-7908

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49500.00

Current Approval Amount

49500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

102489

Servicing Lender Name

First Community CU

Servicing Lender Address

111 9th St SW

Servicing Lender City

JAMESTOWN

Servicing Lender State

ND

Servicing Lender Zip

58401-4645

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST FARGO

Project County Name

CASS

Project State

ND

Project Zip

58078-7908

CD

ND-

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49500.00

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

Subchapter S Corporation

Originating Lender Location Id

102489

Originating Lender

First Community CU

Originating Lender City

JAMESTOWN

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49896.00

Forgiveness Date

02/02/2021

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