Date Approved
04/08/2020
SBA Office Code
0508
Processing Method
PPP
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
12/16/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
229700.00
Current Approval Amount
185000.00
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
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
Project County Name
HUBBARD
Project State
Project Zip
CD
MN-07
Jobs Reported
10
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
186135.34
Forgiveness Date
11/27/2020