Hope Electric Inc.

$826,300 PPP Loan in Hope, North Dakota

Loan Details

Loan Number
3658708402
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$826,300
Current Approval
$826,300
Forgiveness Amount
$832,503
Forgiveness Date
Nov 10, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Hope Electric Inc.
Address
801 Steele Ave
City
Hope
ZIP Code
58046-4622
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$16.5M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$826,295
Utilities
$1

Lender Information

Servicing Lender
Dakota Heritage Bank
Originating Lender
Dakota Heritage Bank

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