PPP Loan information for Fusion electric, llc

$402,008

Fusion electric, llc was initially approved for PPP Loan of amount $402,200, the current approved amount is $402,008. The loan was approved on 04/03/2020 by The VISIONBank reported 36 jobs and $402,008 was used to fund payroll.

Fusion electric, llc is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Fusion electric, llc

FUSION ELECTRIC, LLC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

FUSION ELECTRIC, LLC

Borrower Address

5192 51st Ave S Ste 100

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58104-6051

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

402200.00

Current Approval Amount

402008.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

427971

Servicing Lender Name

VISIONBank

Servicing Lender Address

3000 25th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-5046

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58104-6051

CD

ND-

Jobs Reported

36

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

402008.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

427971

Originating Lender

VISIONBank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

394654.05

Forgiveness Date

12/10/2020

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