PPP Loan information for Electair, inc.

$363,800

Electair, inc. was initially approved for PPP Loan of amount $363,800, the current approved amount is $363,800. The loan was approved on 04/04/2020 by The First Dakota National Bank reported 32 jobs and $363,800 was used to fund payroll.

Electair, inc. is Existing or more than 2 years old

ELECTAIR, INC.

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

ELECTAIR, INC.

Borrower Address

808 W. 23rd St.

Borrower City

YANKTON

Borrower State

SD

Borrower Zip

57078-1207

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363800.00

Current Approval Amount

363800.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YANKTON

Project County Name

YANKTON

Project State

SD

Project Zip

57078-1207

CD

SD-

Jobs Reported

32

NAICS Code

333415

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

45475.00

Payroll Proceed

272850.00

Mortgage Interest Proceed

0.00

Rent Proceed

45475.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

366660.56

Forgiveness Date

01/25/2021

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