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
- State
- Minnesota
- 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
Other PPP Loans in Ely, MN
| Business | Approved | |
|---|---|---|
| Ely-Bloomenson Community Hospital & Nursing Home Corporation | $2,279,200 | |
| Zupancich Bros. Inc. | $1,009,400 | |
| Louis Leustek & Sons, Inc. | $522,551 | |
| Grand Ely Lodge LLC | $491,050 | |
| Grand Ely Lodge, LLC | $350,750 |
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