Electric & Magneto, Inc.

$69,900 PPP Loan in Williston, North Dakota

Loan Details

Loan Number
2052247204
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$69,900
Current Approval
$69,900
Forgiveness Amount
$70,253
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Electric & Magneto, Inc.
Address
24 1st Ave E
ZIP Code
58801-6004
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811211)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$69,900

Lender Information

Servicing Lender
First State Bank & Trust
Originating Lender
First State Bank & Trust

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