Low Impact Excavators Incorporated

$135,115 PPP Loan in Ely, Minnesota

Loan Details

Loan Number
1852108404
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$135,115
Current Approval
$135,115
Forgiveness Amount
$135,674
Forgiveness Date
Jul 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Low Impact Excavators Incorporated
Address
440 N 16th Ave E
City
Ely
ZIP Code
55731
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$135,111
Utilities
$1

Lender Information

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

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