PPP Loan information for Minn volt electric, inc.

$34,297

Minn volt electric, inc. was initially approved for PPP Loan of amount $34,297, the current approved amount is $34,297. The loan was approved on 04/07/2020 by The Sentry Bank reported 5 jobs and $34,297 was used to fund payroll.

Minn volt electric, inc. is Existing or more than 2 years old

MINN VOLT ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINN VOLT ELECTRIC, INC.

Borrower Address

1022 Strawberry Court

Borrower City

SAUK RAPIDS

Borrower State

MN

Borrower Zip

56379-4635

Loan Status Date

05/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34297.00

Current Approval Amount

34297.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38828

Servicing Lender Name

Sentry Bank

Servicing Lender Address

400 4th Ave NE

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MN

Servicing Lender Zip

56374-8644

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK RAPIDS

Project County Name

BENTON

Project State

MN

Project Zip

56379-4635

CD

MN-06

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3429.00

Payroll Proceed

25723.00

Mortgage Interest Proceed

0.00

Rent Proceed

5145.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38828

Originating Lender

Sentry Bank

Originating Lender City

SAINT JOSEPH

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30448.48

Forgiveness Date

10/15/2020

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