PPP borrower record
HELM ELECTRIC, INC. PPP loan record
Public SBA PPP loan record for HELM ELECTRIC, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$201,907
Approved amount
$204,109
Forgiven amount
2020-04-08
Date approved
Borrower and loan details
Borrower
HELM ELECTRIC, INC.
Loan number
8293907003
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Farmington
Borrower state
Minnesota
Borrower ZIP
55024
Jobs reported
8
Loan status
Paid in Full
Forgiveness date
2021-05-21
Servicing lender
Frandsen Bank & Trust
Originating lender
Frandsen Bank & Trust
Reported use of proceeds
Payroll
$151,431
Rent
N/A
Utilities
$20,190
Mortgage interest
$30,286
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.