PPP Loan information for Geothermal solutions incorporated

$49,970

Geothermal solutions incorporated was initially approved for PPP Loan of amount $49,970, the current approved amount is $49,970. The loan was approved on 04/09/2020 by The Lincoln State Bank reported 4 jobs and $49,970 was used to fund payroll.

Geothermal solutions incorporated is Existing or more than 2 years old

GEOTHERMAL SOLUTIONS INCORPORATED

Date Approved

04/09/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GEOTHERMAL SOLUTIONS INCORPORATED

Borrower Address

311 Main Ave S

Borrower City

HANKINSON

Borrower State

ND

Borrower Zip

58041-4100

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49970.00

Current Approval Amount

49970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52825

Servicing Lender Name

Lincoln State Bank

Servicing Lender Address

302 Main Ave S

Servicing Lender City

HANKINSON

Servicing Lender State

ND

Servicing Lender Zip

58041

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HANKINSON

Project County Name

RICHLAND

Project State

ND

Project Zip

58041-4100

CD

ND-

Jobs Reported

4

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46505.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3465.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52825

Originating Lender

Lincoln State Bank

Originating Lender City

HANKINSON

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50397.14

Forgiveness Date

02/17/2021

;