PPP Loan information for Sackman electric & controls inc

$285,500

Sackman electric & controls inc was initially approved for PPP Loan of amount $285,500, the current approved amount is $285,500. The loan was approved on 04/03/2020 by The Bravera Bank reported 16 jobs and $285,500 was used to fund payroll.

Sackman electric & controls inc is Existing or more than 2 years old

SACKMAN ELECTRIC & CONTROLS INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SACKMAN ELECTRIC & CONTROLS INC

Borrower Address

3262 110 AVE SW

Borrower City

DICKINSON

Borrower State

ND

Borrower Zip

58601-9473

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285500.00

Current Approval Amount

285500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52678

Servicing Lender Name

Bravera Bank

Servicing Lender Address

220 1st Ave West

Servicing Lender City

DICKINSON

Servicing Lender State

ND

Servicing Lender Zip

58601-5104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DICKINSON

Project County Name

DUNN

Project State

ND

Project Zip

58601-9473

CD

ND-

Jobs Reported

16

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

171300.00

Payroll Proceed

114200.00

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

52678

Originating Lender

Bravera Bank

Originating Lender City

DICKINSON

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

287541.52

Forgiveness Date

12/31/2020

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