PPP Loan information for Lee davis electric, inc

$185,000

Lee davis electric, inc was initially approved for PPP Loan of amount $229,700, the current approved amount is $185,000. The loan was approved on 04/08/2020 by The Northview Bank reported 10 jobs and $185,000 was used to fund payroll.

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

LEE DAVIS ELECTRIC, INC

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

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

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185000.00

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

186135.34

Forgiveness Date

11/27/2020

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