PPP Loan information for Platinum electric

$19,900

Platinum electric was initially approved for PPP Loan of amount $19,900, the current approved amount is $19,900. The loan was approved on 04/10/2020 by The Wadena State Bank reported 5 jobs and $19,900 was used to fund payroll.

Platinum electric is Existing or more than 2 years old

PPP Loan Search / MN / WADENA / Platinum electric

PLATINUM ELECTRIC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PLATINUM ELECTRIC

Borrower Address

19452 COUNTY ROAD 66

Borrower City

WADENA

Borrower State

MN

Borrower Zip

56482-4084

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19900.00

Current Approval Amount

19900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WADENA

Project County Name

WADENA

Project State

MN

Project Zip

56482-4084

CD

MN-07

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19900.00

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

Sole Proprietorship

Originating Lender Location Id

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20048.14

Forgiveness Date

01/07/2021

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