PPP Loan information for Bearant electric, inc.

$37,500

Bearant electric, inc. was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/30/2020 by The Associated Bank, National Association reported 2 jobs and $37,500 was used to fund payroll.

Bearant electric, inc. is Existing or more than 2 years old

BEARANT ELECTRIC, INC.

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEARANT ELECTRIC, INC.

Borrower Address

10550 COUNTY ROAD 81 STE 104

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369-4045

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75939

Servicing Lender Name

Associated Bank, National Association

Servicing Lender Address

200 N Adams St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-5142

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-4045

CD

MN-03

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37500.00

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

75939

Originating Lender

Associated Bank, National Association

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37830.82

Forgiveness Date

03/25/2021

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