Medina Electric LLC
$2,000,000 PPP Loan in Hamel, Minnesota
Loan Details
- Loan Number
- 2612508706
- Date Approved
- Mar 30, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,014,849
- Forgiveness Date
- Jan 5, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Medina Electric LLC
- Address
- 22510 State Highway 55
- City
- Hamel
- State
- Minnesota
- ZIP Code
- 55340
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 113
- Estimated Revenue
- $37.2M
- Rural/Urban
- Urban
- Congressional District
- MN-03
Loan Use Breakdown
- Payroll
- $2,000,000
Lender Information
- Servicing Lender
- The Huntington National Bank
- Originating Lender
- The Huntington National Bank
Other PPP Loans in Hamel, MN
| Business | Approved | |
|---|---|---|
| Medina Electric, LLC | $5,131,844 |  Research |
| Max-Tech, Inc. | $4,423,300 | Research |
| Tolomatic, Inc. | $3,659,700 | Research |
| Progressive Systems, INC | $1,466,400 | Research |
| Evolving Solutions INC | $1,456,597 | Research |
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