PPP Loan information for M & t electric inc

$106,700

M & t electric inc was initially approved for PPP Loan of amount $106,700, the current approved amount is $106,700. The loan was approved on 04/07/2020 by The First State Bank and Trust reported 8 jobs and $106,700 was used to fund payroll.

M & t electric inc is Existing or more than 2 years old

PPP Loan Search / MN / HASTINGS / M & t electric inc

M & T ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M & T ELECTRIC INC

Borrower Address

7623 Saint Croix Trl Ln S.

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106700.00

Current Approval Amount

106700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36629

Servicing Lender Name

First State Bank and Trust

Servicing Lender Address

950 N Hwy 95

Servicing Lender City

BAYPORT

Servicing Lender State

MN

Servicing Lender Zip

55003-1014

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-0001

CD

MN-02

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2018.00

Payroll Proceed

99282.00

Mortgage Interest Proceed

0.00

Rent Proceed

5400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36629

Originating Lender

First State Bank and Trust

Originating Lender City

BAYPORT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

104182.98

Forgiveness Date

11/17/2020

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