PPP Loan information for Asap electric

$44,060

Asap electric was initially approved for PPP Loan of amount $44,060, the current approved amount is $44,060. The loan was approved on 04/13/2020 by The Farmers & Merchants Bank of North Dakota reported 4 jobs and $44,060 was used to fund payroll.

Asap electric is New Business or 2 years or less

PPP Loan Search / ND / VALLEY CITY / Asap electric

ASAP ELECTRIC

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ASAP ELECTRIC

Borrower Address

2521 118th Ave SE

Borrower City

VALLEY CITY

Borrower State

ND

Borrower Zip

58072-9773

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44060.00

Current Approval Amount

44060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52955

Servicing Lender Name

Farmers & Merchants Bank of North Dakota

Servicing Lender Address

101 N Main St

Servicing Lender City

TOLNA

Servicing Lender State

ND

Servicing Lender Zip

58380

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

VALLEY CITY

Project County Name

BARNES

Project State

ND

Project Zip

58072-9773

CD

ND-

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44060.00

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

Partnership

Originating Lender Location Id

52955

Originating Lender

Farmers & Merchants Bank of North Dakota

Originating Lender City

TOLNA

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39723.34

Forgiveness Date

11/23/2020

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