PPP Loan information for R. g. electric inc.

$48,500

R. g. electric inc. was initially approved for PPP Loan of amount $48,500, the current approved amount is $48,500. The loan was approved on 04/03/2020 by The First Western Bank & Trust reported 3 jobs and $48,500 was used to fund payroll.

R. g. electric inc. is Existing or more than 2 years old

R. G. ELECTRIC INC.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

R. G. ELECTRIC INC.

Borrower Address

2403 vermont ave ste 104

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58504-6823

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48500.00

Current Approval Amount

48500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58504-6823

CD

ND-

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48803.13

Forgiveness Date

11/23/2020

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