Date Approved
04/30/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
NORTH-HOLT ELECTRIC, INC.
Borrower Address
20194 430TH AVE SW
Borrower City
EAST GRAND FORKS
Borrower State
MN
Borrower Zip
56721
Loan Status Date
01/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
46800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38689
Servicing Lender Name
Frandsen Bank & Trust
Servicing Lender Address
116 W Central St
Servicing Lender City
LONSDALE
Servicing Lender State
Servicing Lender Zip
55046-9626
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
56721-0001
CD
MN-07
Jobs Reported
7
NAICS Code
238210
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
4680.00
Payroll Proceed
35100.00
Mortgage Interest Proceed
7020.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
47089.78
Forgiveness Date
12/22/2020