Central Minnesota Electric INC

$187,600 PPP Loan in Little Falls, Minnesota

Loan Details

Loan Number
2374567100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$187,600
Current Approval
$187,600
Forgiveness Amount
$188,669
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Central Minnesota Electric INC
Address
1805 Haven Rd
ZIP Code
56345-2286
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$176,238
Rent
$8,000
Health Care
$3,362

Lender Information

Servicing Lender
Randall State Bank
Originating Lender
Randall State Bank

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