PPP Loan information for Ron's plumbing hvac & electric inc.

$345,472

Ron's plumbing hvac & electric inc. was initially approved for PPP Loan of amount $345,472, the current approved amount is $345,472. The loan was approved on 02/06/2021 by The Frandsen Bank & Trust reported 43 jobs and $345,472 was used to fund payroll.

Ron's plumbing hvac & electric inc. is Existing or more than 2 years old

RON'S PLUMBING HVAC & ELECTRIC INC.

Date Approved

02/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RON'S PLUMBING HVAC & ELECTRIC INC.

Borrower Address

660 Business Park Dr

Borrower City

Wells

Borrower State

MN

Borrower Zip

56097-7500

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

345472.00

Current Approval Amount

345472.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wells

Project County Name

FARIBAULT

Project State

MN

Project Zip

56097-7500

CD

MN-01

Jobs Reported

43

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

345470.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

346588.87

Forgiveness Date

06/15/2021

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