Midwest Electrical Construction LLC
$245,000 PPP Loan in Lake Elmo, Minnesota
Loan Details
- Loan Number
- 1221077100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $245,000
- Current Approval
- $245,000
- Forgiveness Amount
- $247,368
- Forgiveness Date
- Apr 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midwest Electrical Construction LLC
- Address
- 3825 Lake Elmo Ave N, Suite a
- City
- Lake Elmo
- State
- Minnesota
- ZIP Code
- 55042-8596
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 28
- Estimated Revenue
- $9.2M
- Rural/Urban
- Urban
- Congressional District
- MN-04
Loan Use Breakdown
- Payroll
- $200,000
- Rent
- $8,200
- Utilities
- $2,400
- Health Care
- $31,000
- Debt Interest
- $3,400
Lender Information
- Servicing Lender
- Vermillion State Bank
- Originating Lender
- Vermillion State Bank
Other PPP Loans in Lake Elmo, MN
| Business | Approved | |
|---|---|---|
| Pathway Health Services INC | $1,321,482 |  AI Deep Dive |
| Pathway Health Services, INC | $1,321,482 | AI Deep Dive |
| Retail Construction Services Inc. | $1,235,152 | AI Deep Dive |
| Retail Construction Services, Inc. | $1,222,200 | AI Deep Dive |
| Roch-N-Roll, Inc. | $968,400 | AI Deep Dive |
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