PPP Loan information for Pride electric inc.

$360,300

Pride electric inc. was initially approved for PPP Loan of amount $360,300, the current approved amount is $360,300. The loan was approved on 04/27/2020 by The Farmers & Merchants Savings Bank reported 20 jobs and $360,300 was used to fund payroll.

Pride electric inc. is Existing or more than 2 years old

PPP Loan Search / MN / MAPLE GROVE / Pride electric inc.

PRIDE ELECTRIC INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRIDE ELECTRIC INC.

Borrower Address

10650 COUNTY ROAD 81 F

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369-4076

Loan Status Date

05/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360300.00

Current Approval Amount

360300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-4076

CD

MN-03

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

360300.00

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

Subchapter S Corporation

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

363602.75

Forgiveness Date

03/31/2021

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