PPP Loan information for Karlen electric inc

$50,280

Karlen electric inc was initially approved for PPP Loan of amount $50,280, the current approved amount is $50,280. The loan was approved on 02/19/2021 by The Great Plains Bank reported 6 jobs and $50,280 was used to fund payroll.

Karlen electric inc is Existing or more than 2 years old

PPP Loan Search / SD / Warner / Karlen electric inc

KARLEN ELECTRIC INC

Date Approved

02/19/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

KARLEN ELECTRIC INC

Borrower Address

233 Northrop Ln

Borrower City

Warner

Borrower State

SD

Borrower Zip

57479-7019

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50280.00

Current Approval Amount

50280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66517

Servicing Lender Name

Great Plains Bank

Servicing Lender Address

702 7th St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-7401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warner

Project County Name

BROWN

Project State

SD

Project Zip

57479-7019

CD

SD-

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50275.00

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

66517

Originating Lender

Great Plains Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50609.61

Forgiveness Date

10/19/2021

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