PPP Loan information for Right choice electric, inc

$283,900

Right choice electric, inc was initially approved for PPP Loan of amount $283,900, the current approved amount is $283,900. The loan was approved on 04/04/2020 by The First State Bank reported 24 jobs and $283,900 was used to fund payroll.

Right choice electric, inc is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / Right choice electric, inc

RIGHT CHOICE ELECTRIC, INC

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RIGHT CHOICE ELECTRIC, INC

Borrower Address

2145 N 44th St

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58203-1301

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283900.00

Current Approval Amount

283900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52691

Servicing Lender Name

First State Bank

Servicing Lender Address

423 Broadway

Servicing Lender City

BUXTON

Servicing Lender State

ND

Servicing Lender Zip

58218

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58203-1301

CD

ND-

Jobs Reported

24

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

283900.00

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

52691

Originating Lender

First State Bank

Originating Lender City

BUXTON

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

286715.34

Forgiveness Date

04/08/2021

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