PPP Loan information for Nei electric inc

$3,424,200

Nei electric inc was initially approved for PPP Loan of amount $3,424,200, the current approved amount is $3,424,200. The loan was approved on 04/03/2020 by The Frandsen Bank & Trust reported 137 jobs and $3,424,200 was used to fund payroll.

Nei electric inc is Existing or more than 2 years old

PPP Loan Search / MN / SAINT PAUL / Nei electric inc

NEI ELECTRIC INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEI ELECTRIC INC

Borrower Address

4815 WHITE BEAR PKWY

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55110-3325

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3424200.00

Current Approval Amount

3424200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT PAUL

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-3325

CD

MN-04

Jobs Reported

137

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3424200.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3469793.46

Forgiveness Date

08/10/2021

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