PPP Loan information for Venture electric llc

$38,339

Venture electric llc was initially approved for PPP Loan of amount $60,597, the current approved amount is $38,339. The loan was approved on 04/27/2020 by The Members Cooperative CU reported 4 jobs and $38,339 was used to fund payroll.

Venture electric llc is Existing or more than 2 years old

VENTURE ELECTRIC LLC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VENTURE ELECTRIC LLC

Borrower Address

1195 ISLEVIEW RD

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-9644

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60597.00

Current Approval Amount

38339.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99625

Servicing Lender Name

Members Cooperative CU

Servicing Lender Address

4628 Mike Colalillo Dr

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2732

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-9644

CD

MN-08

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38339.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

99625

Originating Lender

Members Cooperative CU

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38682.99

Forgiveness Date

03/18/2021

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