PPP Loan information for Holden electric co., inc

$1,811,400

Holden electric co., inc was initially approved for PPP Loan of amount $1,811,400, the current approved amount is $1,811,400. The loan was approved on 04/04/2020 by The RiverWood Bank reported 77 jobs and $1,811,400 was used to fund payroll.

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

PPP Loan Search / MN / BAXTER / Holden electric co., inc

HOLDEN ELECTRIC CO., INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOLDEN ELECTRIC CO., INC

Borrower Address

7669 College Road

Borrower City

BAXTER

Borrower State

MN

Borrower Zip

56425-8625

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1811400.00

Current Approval Amount

1811400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78088

Servicing Lender Name

RiverWood Bank

Servicing Lender Address

14540 Dellwood Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-9744

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAXTER

Project County Name

CROW WING

Project State

MN

Project Zip

56425-8625

CD

MN-08

Jobs Reported

77

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1811400.00

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

Subchapter S Corporation

Originating Lender Location Id

78088

Originating Lender

RiverWood Bank

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1823375.37

Forgiveness Date

12/09/2020

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