PPP Loan information for Lee davis electric inc

$180,000

Lee davis electric inc was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 02/05/2021 by The Northview Bank reported 14 jobs and $180,000 was used to fund payroll.

Lee davis electric inc is Existing or more than 2 years old

LEE DAVIS ELECTRIC INC

Date Approved

02/05/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LEE DAVIS ELECTRIC INC

Borrower Address

1104 Birch St

Borrower City

Park Rapids

Borrower State

MN

Borrower Zip

56470-1582

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38085

Servicing Lender Name

Northview Bank

Servicing Lender Address

510 Main St

Servicing Lender City

SANDSTONE

Servicing Lender State

MN

Servicing Lender Zip

55072

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Park Rapids

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1582

CD

MN-07

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

179998.00

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

38085

Originating Lender

Northview Bank

Originating Lender City

SANDSTONE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181015.89

Forgiveness Date

09/07/2021

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