Rick Electric Inc.

$471,602 PPP Loan in Moorhead, Minnesota

Loan Details

Loan Number
1500638406
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$471,602
Current Approval
$471,602
Forgiveness Amount
$475,977
Forgiveness Date
Jan 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rick Electric Inc.
Address
3010 24th Ave S
ZIP Code
56560-5933
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
MN-07

Loan Use Breakdown

Payroll
$471,599
Utilities
$1

Lender Information

Servicing Lender
Cornerstone Bank
Originating Lender
Cornerstone Bank

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