Rice Lake Electric Inc.

$55,040 PPP Loan in Belle Plaine, Minnesota

Loan Details

Loan Number
1001278509
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$55,040
Current Approval
$55,040
Forgiveness Amount
$55,399
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rice Lake Electric Inc.
Address
26346 Meridian Ave
ZIP Code
56011-9046
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$55,037
Utilities
$1

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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