PPP Loan information for Rice lake electric inc.

$55,040

Rice lake electric inc. was initially approved for PPP Loan of amount $55,040, the current approved amount is $55,040. The loan was approved on 02/18/2021 by The Frandsen Bank & Trust reported 3 jobs and $55,040 was used to fund payroll.

Rice lake electric inc. is Existing or more than 2 years old

PPP Loan Search / MN / Belle Plaine / Rice lake electric inc.

RICE LAKE ELECTRIC INC.

Date Approved

02/18/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RICE LAKE ELECTRIC INC.

Borrower Address

26346 Meridian Ave

Borrower City

Belle Plaine

Borrower State

MN

Borrower Zip

56011-9046

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55040.00

Current Approval Amount

55040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belle Plaine

Project County Name

SCOTT

Project State

MN

Project Zip

56011-9046

CD

MN-02

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55037.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55398.89

Forgiveness Date

10/25/2021

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