PPP Loan information for General diesel & electronics inc

$65,942

General diesel & electronics inc was initially approved for PPP Loan of amount $65,942, the current approved amount is $65,942. The loan was approved on 01/31/2021 by The Security State Bank of Hibbing reported 5 jobs and $65,942 was used to fund payroll.

General diesel & electronics inc is Existing or more than 2 years old

GENERAL DIESEL & ELECTRONICS INC

Date Approved

01/31/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GENERAL DIESEL & ELECTRONICS INC

Borrower Address

3112 14th Ave E

Borrower City

Hibbing

Borrower State

MN

Borrower Zip

55746-3513

Loan Status Date

05/24/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65942.00

Current Approval Amount

65942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38238

Servicing Lender Name

Security State Bank of Hibbing

Servicing Lender Address

701 E Howard St

Servicing Lender City

HIBBING

Servicing Lender State

MN

Servicing Lender Zip

55746-1717

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hibbing

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-3513

CD

MN-08

Jobs Reported

5

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

65936.00

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

38238

Originating Lender

Security State Bank of Hibbing

Originating Lender City

HIBBING

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66440.63

Forgiveness Date

12/01/2021

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