PPP Loan information for Powerhouse electric inc

$29,166

Powerhouse electric inc was initially approved for PPP Loan of amount $29,166, the current approved amount is $29,166. The loan was approved on 04/28/2020 by The Frandsen Bank & Trust reported 2 jobs and $29,166 was used to fund payroll.

Powerhouse electric inc is Existing or more than 2 years old

POWERHOUSE ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

POWERHOUSE ELECTRIC INC

Borrower Address

1958 Raspberry Lane

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29166.00

Current Approval Amount

29166.00

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

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-0001

CD

MN-02

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29166.00

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

29419.30

Forgiveness Date

03/19/2021

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