PPP Loan information for Industrial electric inc.

$429,000

Industrial electric inc. was initially approved for PPP Loan of amount $429,000, the current approved amount is $429,000. The loan was approved on 04/07/2020 by The Bravera Bank reported 23 jobs and $429,000 was used to fund payroll.

Industrial electric inc. is Existing or more than 2 years old

PPP Loan Search / ND / DICKINSON / Industrial electric inc.

INDUSTRIAL ELECTRIC INC.

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

INDUSTRIAL ELECTRIC INC.

Borrower Address

388 GTA Drive

Borrower City

DICKINSON

Borrower State

ND

Borrower Zip

58601-7206

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

429000.00

Current Approval Amount

429000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52678

Servicing Lender Name

Bravera Bank

Servicing Lender Address

220 1st Ave West

Servicing Lender City

DICKINSON

Servicing Lender State

ND

Servicing Lender Zip

58601-5104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DICKINSON

Project County Name

STARK

Project State

ND

Project Zip

58601-7206

CD

ND-

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

384600.00

Mortgage Interest Proceed

0.00

Rent Proceed

44400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52678

Originating Lender

Bravera Bank

Originating Lender City

DICKINSON

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

431597.51

Forgiveness Date

11/23/2020

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