PPP Loan information for Mark's electric inc

$255,100

Mark's electric inc was initially approved for PPP Loan of amount $255,100, the current approved amount is $255,100. The loan was approved on 04/03/2020 by The First International Bank & Trust reported 22 jobs and $255,100 was used to fund payroll.

Mark's electric inc is Existing or more than 2 years old

MARK'S ELECTRIC INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARK'S ELECTRIC INC

Borrower Address

114 Grant St

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255100.00

Current Approval Amount

255100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52970

Servicing Lender Name

First International Bank & Trust

Servicing Lender Address

100 N Main St

Servicing Lender City

WATFORD CITY

Servicing Lender State

ND

Servicing Lender Zip

58854

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-0002

CD

MN-07

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

255100.00

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

52970

Originating Lender

First International Bank & Trust

Originating Lender City

WATFORD CITY

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

257587.22

Forgiveness Date

03/31/2021

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