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

$345,500

Ron's plumbing hvac & electric inc. was initially approved for PPP Loan of amount $345,500, the current approved amount is $345,500. The loan was approved on 04/06/2020 by The Frandsen Bank & Trust reported 43 jobs and $345,500 was used to fund payroll.

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

PPP Loan Search / MN / WELLS / Ron's plumbing hvac & electric inc.

RON'S PLUMBING HVAC & ELECTRIC INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RON'S PLUMBING HVAC & ELECTRIC INC.

Borrower Address

77 6th Ave NW

Borrower City

WELLS

Borrower State

MN

Borrower Zip

56097-1149

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

345500.00

Current Approval Amount

345500.00

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

56097-1149

CD

MN-01

Jobs Reported

43

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

34550.00

Payroll Proceed

259125.00

Mortgage Interest Proceed

0.00

Rent Proceed

51825.00

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

348150.41

Forgiveness Date

01/20/2021

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