PPP Loan information for Pete's electric motor inc.

$7,553

Pete's electric motor inc. was initially approved for PPP Loan of amount $7,553, the current approved amount is $7,553. The loan was approved on 02/16/2021 by The State Bank of Taunton reported 3 jobs and $7,553 was used to fund payroll.

Pete's electric motor inc. is Existing or more than 2 years old

PETE'S ELECTRIC MOTOR INC.

Date Approved

02/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PETE'S ELECTRIC MOTOR INC.

Borrower Address

3690 County Road 3

Borrower City

Minneota

Borrower State

MN

Borrower Zip

56264-1117

Loan Status Date

03/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7553.10

Current Approval Amount

7553.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38936

Servicing Lender Name

State Bank of Taunton

Servicing Lender Address

101 N Main St

Servicing Lender City

TAUNTON

Servicing Lender State

MN

Servicing Lender Zip

56291-5000

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minneota

Project County Name

LYON

Project State

MN

Project Zip

56264-1117

CD

MN-07

Jobs Reported

3

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7552.10

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

38936

Originating Lender

State Bank of Taunton

Originating Lender City

TAUNTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7610.59

Forgiveness Date

11/26/2021

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