PPP Loan information for Rickard electric inc

$639,600

Rickard electric inc was initially approved for PPP Loan of amount $639,600, the current approved amount is $639,600. The loan was approved on 04/13/2020 by The Alerus Financial, National Association reported 24 jobs and $639,600 was used to fund payroll.

Rickard electric inc is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Rickard electric inc

RICKARD ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RICKARD ELECTRIC INC

Borrower Address

1220 41st St N

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-2819

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

639600.00

Current Approval Amount

639600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-2819

CD

ND-

Jobs Reported

24

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

79963.00

Payroll Proceed

0.00

Mortgage Interest Proceed

479775.00

Rent Proceed

79862.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

646600.07

Forgiveness Date

05/21/2021

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