PPP Loan information for Norway electric company, inc.

$21,035

Norway electric company, inc. was initially approved for PPP Loan of amount $21,035, the current approved amount is $21,035. The loan was approved on 04/27/2020 by The Frandsen Bank & Trust reported 2 jobs and $21,035 was used to fund payroll.

Norway electric company, inc. is New Business or 2 years or less

PPP Loan Search / MN / ISANTI / Norway electric company, inc.

NORWAY ELECTRIC COMPANY, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORWAY ELECTRIC COMPANY, INC.

Borrower Address

1897 301st Street Ave NW

Borrower City

ISANTI

Borrower State

MN

Borrower Zip

55040

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21035.00

Current Approval Amount

21035.00

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

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ISANTI

Project County Name

ISANTI

Project State

MN

Project Zip

55040-0001

CD

MN-08

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21035.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21190.03

Forgiveness Date

01/26/2021

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