PPP borrower record
HOPE ELECTRIC, INC. PPP loan record
Public SBA PPP loan record for HOPE ELECTRIC, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$750,000
Approved amount
$756,041
Forgiven amount
2020-04-06
Date approved
Borrower and loan details
Borrower
HOPE ELECTRIC, INC.
Loan number
6388017000
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Hope
Borrower state
North Dakota
Borrower ZIP
58046
Jobs reported
50
Loan status
Paid in Full
Forgiveness date
2021-02-02
Servicing lender
Dakota Heritage Bank
Originating lender
Dakota Heritage Bank
Reported use of proceeds
Payroll
$577,122
Rent
$10,000
Utilities
$5,000
Mortgage interest
N/A
Health care
$151,678
Debt interest
$6,200
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.