PPP Loan information for Knobelsdorff electric inc

$1,987,362

Knobelsdorff electric inc was initially approved for PPP Loan of amount $1,987,362, the current approved amount is $1,987,362. The loan was approved on 05/18/2020 by The First Farmers & Merchants Bank reported 145 jobs and $1,987,362 was used to fund payroll.

Knobelsdorff electric inc is Existing or more than 2 years old

PPP Loan Search / MN / GOODHUE / Knobelsdorff electric inc

KNOBELSDORFF ELECTRIC INC

Date Approved

05/18/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KNOBELSDORFF ELECTRIC INC

Borrower Address

25701 370TH ST

Borrower City

GOODHUE

Borrower State

MN

Borrower Zip

55027-8616

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1987362.00

Current Approval Amount

1987362.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOODHUE

Project County Name

GOODHUE

Project State

MN

Project Zip

55027-8616

CD

MN-01

Jobs Reported

145

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

496840.00

Payroll Proceed

1490522.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2004806.62

Forgiveness Date

03/31/2021

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