PPP Loan information for Helm electric inc.

$215,080

Helm electric inc. was initially approved for PPP Loan of amount $215,080, the current approved amount is $215,080. The loan was approved on 02/16/2021 by The Frandsen Bank & Trust reported 11 jobs and $215,080 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

02/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

HELM ELECTRIC INC.

Borrower Address

22008 Canton Ct

Borrower City

Farmington

Borrower State

MN

Borrower Zip

55024-8505

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215080.00

Current Approval Amount

215080.00

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

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

215078.00

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

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

216547.26

Forgiveness Date

11/03/2021

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