PPP Loan information for Mayer electric inc.

$500,300

Mayer electric inc. was initially approved for PPP Loan of amount $500,300, the current approved amount is $500,300. The loan was approved on 04/14/2020 by The Bremer Bank, National Association reported 22 jobs and $500,300 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

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MAYER ELECTRIC INC.

Borrower Address

1711 12th Ave SW

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58701

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500300.00

Current Approval Amount

500300.00

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

58701-1200

CD

ND-

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500300.00

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

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

504302.40

Forgiveness Date

02/03/2021

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