PPP Loan information for Quade electric inc

$218,800

Quade electric inc was initially approved for PPP Loan of amount $218,800, the current approved amount is $218,800. The loan was approved on 04/07/2020 by The Home State Bank reported 12 jobs and $218,800 was used to fund payroll.

Quade electric inc is Existing or more than 2 years old

PPP Loan Search / MN / HUTCHINSON / Quade electric inc

QUADE ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

QUADE ELECTRIC INC

Borrower Address

1162 Hwy 7 E

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-5637

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218800.00

Current Approval Amount

218800.00

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

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

218800.00

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

219574.44

Forgiveness Date

12/31/2020

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