PPP Loan information for Quade electric inc.

$213,787

Quade electric inc. was initially approved for PPP Loan of amount $213,787, the current approved amount is $213,787. The loan was approved on 01/20/2021 by The Home State Bank reported 13 jobs and $213,787 was used to fund payroll.

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

QUADE ELECTRIC INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

QUADE ELECTRIC INC.

Borrower Address

1162 Highway 7 E

Borrower City

Hutchinson

Borrower State

MN

Borrower Zip

55350-5637

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213787.00

Current Approval Amount

213787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38267

Servicing Lender Name

Home State Bank

Servicing Lender Address

1435 E Hwy 12

Servicing Lender City

LITCHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55355-5328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-5637

CD

MN-07

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

213784.00

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

38267

Originating Lender

Home State Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

215063.78

Forgiveness Date

08/25/2021

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