PPP Loan information for Lake country electric inc.

$27,766

Lake country electric inc. was initially approved for PPP Loan of amount $27,766, the current approved amount is $27,766. The loan was approved on 04/11/2021 by The The First National Bank of Bemidji reported 3 jobs and $27,766 was used to fund payroll.

Lake country electric inc. is Existing or more than 2 years old

PPP Loan Search / MN / Bemidji / Lake country electric inc.

LAKE COUNTRY ELECTRIC INC.

Date Approved

04/11/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE COUNTRY ELECTRIC INC.

Borrower Address

3608 Division St W

Borrower City

Bemidji

Borrower State

MN

Borrower Zip

56601-9641

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27765.70

Current Approval Amount

27765.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36643

Servicing Lender Name

The First National Bank of Bemidji

Servicing Lender Address

1600 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601-4105

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bemidji

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-9641

CD

MN-08

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27763.70

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

36643

Originating Lender

The First National Bank of Bemidji

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27888.33

Forgiveness Date

09/28/2021

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