PPP Loan information for L. marquardt electric inc

$55,900

L. marquardt electric inc was initially approved for PPP Loan of amount $55,900, the current approved amount is $55,900. The loan was approved on 04/09/2020 by The Dacotah Bank reported 5 jobs and $55,900 was used to fund payroll.

L. marquardt electric inc is Existing or more than 2 years old

L. MARQUARDT ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

L. MARQUARDT ELECTRIC INC

Borrower Address

1424 7TH AVE SW

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-5715

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55900.00

Current Approval Amount

55900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-5715

CD

SD-

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44770.00

Mortgage Interest Proceed

0.00

Rent Proceed

5700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5430.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56300.62

Forgiveness Date

12/31/2020

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