PPP Loan information for Sand electric, inc.

$60,925

Sand electric, inc. was initially approved for PPP Loan of amount $60,925, the current approved amount is $60,925. The loan was approved on 01/16/2021 by The Lake Region Bank reported 4 jobs and $60,925 was used to fund payroll.

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

PPP Loan Search / MN / Willmar / Sand electric, inc.

SAND ELECTRIC, INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SAND ELECTRIC, INC.

Borrower Address

103 30th St NW

Borrower City

Willmar

Borrower State

MN

Borrower Zip

56201-2385

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60925.00

Current Approval Amount

60925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Willmar

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-2385

CD

MN-07

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

60923.00

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

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61182.24

Forgiveness Date

06/30/2021

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