PPP Loan information for Pokegama electric inc.

$83,200

Pokegama electric inc. was initially approved for PPP Loan of amount $83,200, the current approved amount is $83,200. The loan was approved on 03/17/2021 by The Park State Bank reported 9 jobs and $83,200 was used to fund payroll.

Pokegama electric inc. is Existing or more than 2 years old

POKEGAMA ELECTRIC INC.

Date Approved

03/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

POKEGAMA ELECTRIC INC.

Borrower Address

19432 US Highway 169

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-5145

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83200.00

Current Approval Amount

83200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-5145

CD

MN-08

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

83200.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

83571.55

Forgiveness Date

09/07/2021

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