PPP Loan information for Helm electric, inc.

$201,907

Helm electric, inc. was initially approved for PPP Loan of amount $201,907, the current approved amount is $201,907. The loan was approved on 04/08/2020 by The Frandsen Bank & Trust reported 8 jobs and $201,907 was used to fund payroll.

Helm electric, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FARMINGTON / Helm electric, inc.

HELM ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HELM ELECTRIC, INC.

Borrower Address

22008 CANTON CT

Borrower City

FARMINGTON

Borrower State

MN

Borrower Zip

55024-8505

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201907.00

Current Approval Amount

201907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-8505

CD

MN-02

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20190.00

Payroll Proceed

151431.00

Mortgage Interest Proceed

30286.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

204108.62

Forgiveness Date

05/21/2021

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