PPP Loan information for Gunnar electric inc.

$924,825

Gunnar electric inc. was initially approved for PPP Loan of amount $924,825, the current approved amount is $924,825. The loan was approved on 04/09/2021 by The First Minnetonka City Bank reported 26 jobs and $924,825 was used to fund payroll.

Gunnar electric inc. is Existing or more than 2 years old

PPP Loan Search / MN / Eden Prairie / Gunnar electric inc.

GUNNAR ELECTRIC INC.

Date Approved

04/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GUNNAR ELECTRIC INC.

Borrower Address

14850 Martin Dr

Borrower City

Eden Prairie

Borrower State

MN

Borrower Zip

55344-2012

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

924825.00

Current Approval Amount

924825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eden Prairie

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-2012

CD

MN-03

Jobs Reported

26

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

924820.00

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

Subchapter S Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

933739.29

Forgiveness Date

04/12/2022

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