PPP Loan information for Coleman electric, inc.

$75,500

Coleman electric, inc. was initially approved for PPP Loan of amount $75,500, the current approved amount is $75,500. The loan was approved on 04/06/2020 by The First Dakota National Bank reported 8 jobs and $75,500 was used to fund payroll.

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

PPP Loan Search / MN / MARSHALL / Coleman electric, inc.

COLEMAN ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COLEMAN ELECTRIC, INC.

Borrower Address

905 E Southview Drive

Borrower City

MARSHALL

Borrower State

MN

Borrower Zip

56258-2598

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75500.00

Current Approval Amount

75500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66728

Servicing Lender Name

First Dakota National Bank

Servicing Lender Address

225 Cedar St

Servicing Lender City

YANKTON

Servicing Lender State

SD

Servicing Lender Zip

57078-4333

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHALL

Project County Name

LYON

Project State

MN

Project Zip

56258-2598

CD

MN-07

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6291.67

Payroll Proceed

56625.00

Mortgage Interest Proceed

0.00

Rent Proceed

6291.67

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

6291.66

Business Type

Subchapter S Corporation

Originating Lender Location Id

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

75994.37

Forgiveness Date

12/09/2020

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