PPP Loan information for Fm electric inc

$60,247

Fm electric inc was initially approved for PPP Loan of amount $60,247, the current approved amount is $60,247. The loan was approved on 03/04/2021 by The First Community CU reported 8 jobs and $60,247 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

03/04/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

FM ELECTRIC INC

Borrower Address

110 36th Avenue Pl E

Borrower City

West Fargo

Borrower State

ND

Borrower Zip

58078-7908

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60247.13

Current Approval Amount

60247.13

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

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

60245.13

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

60946.99

Forgiveness Date

05/04/2022

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