PPP Loan information for R & k electric, inc.

$338,500

R & k electric, inc. was initially approved for PPP Loan of amount $338,500, the current approved amount is $338,500. The loan was approved on 05/11/2020 by The Profinium, Inc. reported 28 jobs and $338,500 was used to fund payroll.

R & k electric, inc. is Existing or more than 2 years old

R & K ELECTRIC, INC.

Date Approved

05/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R & K ELECTRIC, INC.

Borrower Address

3445 HOFFMAN DR NW

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-1131

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338500.00

Current Approval Amount

338500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38950

Servicing Lender Name

Profinium, Inc.

Servicing Lender Address

414 N Fifth Ave East

Servicing Lender City

TRUMAN

Servicing Lender State

MN

Servicing Lender Zip

56088

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-1131

CD

MN-01

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

338500.00

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

Subchapter S Corporation

Originating Lender Location Id

38950

Originating Lender

Profinium, Inc.

Originating Lender City

TRUMAN

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

340286.53

Forgiveness Date

11/25/2020

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