PPP Loan information for Ferding electric inc

$162,300

Ferding electric inc was initially approved for PPP Loan of amount $162,300, the current approved amount is $162,300. The loan was approved on 04/07/2020 by The BankWest, Inc reported 14 jobs and $162,300 was used to fund payroll.

Ferding electric inc is Existing or more than 2 years old

PPP Loan Search / SD / PIERRE / Ferding electric inc

FERDING ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FERDING ELECTRIC INC

Borrower Address

2903 E Elizabeth St

Borrower City

PIERRE

Borrower State

SD

Borrower Zip

57501-5502

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162300.00

Current Approval Amount

162300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66573

Servicing Lender Name

BankWest, Inc

Servicing Lender Address

420 S Pierre St

Servicing Lender City

PIERRE

Servicing Lender State

SD

Servicing Lender Zip

57501-3224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIERRE

Project County Name

HUGHES

Project State

SD

Project Zip

57501-5502

CD

SD-

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22345.00

Payroll Proceed

129908.00

Mortgage Interest Proceed

10047.00

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

66573

Originating Lender

BankWest, Inc

Originating Lender City

PIERRE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163358.28

Forgiveness Date

12/10/2020

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