PPP Loan information for Pete's electric motor inc.

$6,269

Pete's electric motor inc. was initially approved for PPP Loan of amount $6,269, the current approved amount is $6,269. The loan was approved on 04/09/2020 by The State Bank of Taunton reported 4 jobs and $6,269 was used to fund payroll.

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

PPP Loan Search / MN / Minneota / Pete's electric motor inc.

PETE'S ELECTRIC MOTOR INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PETE'S ELECTRIC MOTOR INC.

Borrower Address

3690 County Rd 3

Borrower City

Minneota

Borrower State

MN

Borrower Zip

56264-1117

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6269.00

Current Approval Amount

6269.00

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

CHIPPEWA

Project State

MN

Project Zip

56262-0001

CD

MN-07

Jobs Reported

4

NAICS Code

811211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6269.00

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

38936

Originating Lender

State Bank of Taunton

Originating Lender City

TAUNTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6318.98

Forgiveness Date

01/28/2021

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