PPP Loan information for Crossorad electric, inc.

$225,939

Crossorad electric, inc. was initially approved for PPP Loan of amount $225,939, the current approved amount is $225,939. The loan was approved on 04/15/2020 by The Stock Growers Bank reported 15 jobs and $225,939 was used to fund payroll.

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

PPP Loan Search / ND / MILNOR / Crossorad electric, inc.

CROSSORAD ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

CROSSORAD ELECTRIC, INC.

Borrower Address

421 Main St

Borrower City

MILNOR

Borrower State

ND

Borrower Zip

58060-0101

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225938.95

Current Approval Amount

225938.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52781

Servicing Lender Name

Stock Growers Bank

Servicing Lender Address

331 Main St

Servicing Lender City

FORMAN

Servicing Lender State

ND

Servicing Lender Zip

58032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILNOR

Project County Name

SARGENT

Project State

ND

Project Zip

58060-0101

CD

ND-

Jobs Reported

15

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

56484.73

Payroll Proceed

169454.22

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

52781

Originating Lender

Stock Growers Bank

Originating Lender City

FORMAN

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

227194.17

Forgiveness Date

11/03/2020

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