PPP Loan information for Scott's electric, inc.
$319,700
Scott's electric, inc. was initially approved for PPP Loan of amount $319,700, the current approved amount is $319,700. The loan was approved on 04/10/2020 by The Bremer Bank, National Association reported 25 jobs and $319,700 was used to fund payroll.
Scott's electric, inc. is Existing or more than 2 years old
SCOTT'S ELECTRIC, INC.
Date Approved
04/10/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
SCOTT'S ELECTRIC, INC.
Borrower Address
671 6th St S
Borrower City
WAHPETON
Borrower State
ND
Borrower Zip
58075-3856
Loan Status Date
12/12/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
319700.00
Current Approval Amount
319700.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38908
Servicing Lender Name
Bremer Bank, National Association
Servicing Lender Address
372 St. Peter St
Servicing Lender City
SAINT PAUL
Servicing Lender State
MN
Servicing Lender Zip
55102-1302
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
WAHPETON
Project County Name
RICHLAND
Project State
ND
Project Zip
58075-3856
CD
ND-
Jobs Reported
25
NAICS Code
236220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
319700.00
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
38908
Originating Lender
Bremer Bank, National Association
Originating Lender City
SAINT PAUL
Originating Lender State
MN
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
321600.68
Forgiveness Date
11/19/2020