Duluth Electrical Contracting INC

$595,085 PPP Loan in Hermantown, Minnesota

Loan Details

Loan Number
1731368307
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$595,085
Current Approval
$595,085
Forgiveness Amount
$601,697
Forgiveness Date
Feb 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Duluth Electrical Contracting INC
Address
5051 Miller Trunk Hwy
ZIP Code
55811-1442
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$595,081
Utilities
$1

Lender Information

Servicing Lender
North Shore Bank of Commerce
Originating Lender
North Shore Bank of Commerce

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