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J.t. Electric Service, Inc.

$517,500 PPP Loan in Albany, Minnesota

Loan Details

Loan Number
1395698203
Date Approved
Jul 30, 2020
Loan Status
Paid in Full
Initial Approval
$517,500
Current Approval
$517,500
Forgiveness Amount
$521,186
Forgiveness Date
Apr 22, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
J.t. Electric Service, Inc.
Address
111 Cty Rd 10
City
Albany
State
Minnesota
ZIP Code
56307
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$517,500

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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