Gopher Electronics Co Esop

$650,000 PPP Loan in Saint Paul, Minnesota

Loan Details

Loan Number
2480108407
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$650,000
Current Approval
$650,000
Forgiveness Amount
$654,658
Forgiveness Date
Oct 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Gopher Electronics Co Esop
Address
222 Little Canada Rd E
ZIP Code
55117-2375
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$649,998
Utilities
$1

Lender Information

Servicing Lender
Union Bank and Trust Company
Originating Lender
Union Bank and Trust Company

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