PPP Loan information for Mayer electric inc.

$474,373

Mayer electric inc. was initially approved for PPP Loan of amount $474,373, the current approved amount is $474,373. The loan was approved on 02/03/2021 by The Bremer Bank, National Association reported 27 jobs and $474,373 was used to fund payroll.

Mayer electric inc. is Existing or more than 2 years old

PPP Loan Search / ND / Minot / Mayer electric inc.

MAYER ELECTRIC INC.

Date Approved

02/03/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

MAYER ELECTRIC INC.

Borrower Address

1711 12th Ave SW

Borrower City

Minot

Borrower State

ND

Borrower Zip

58701-5666

Loan Status Date

11/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

474372.50

Current Approval Amount

474372.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minot

Project County Name

WARD

Project State

ND

Project Zip

58701-5666

CD

ND-

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

474370.50

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

482339.36

Forgiveness Date

10/12/2022

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