PPP Loan information for Rick electric, inc.

$469,100

Rick electric, inc. was initially approved for PPP Loan of amount $469,100, the current approved amount is $469,100. The loan was approved on 04/04/2020 by The Cornerstone Bank reported 25 jobs and $469,100 was used to fund payroll.

Rick electric, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MOORHEAD / Rick electric, inc.

RICK ELECTRIC, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICK ELECTRIC, INC.

Borrower Address

3010 24TH AVE S

Borrower City

MOORHEAD

Borrower State

MN

Borrower Zip

56560-5933

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

469100.00

Current Approval Amount

469100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORHEAD

Project County Name

CLAY

Project State

MN

Project Zip

56560-5933

CD

MN-07

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

469100.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

473139.47

Forgiveness Date

02/19/2021

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