Potter Electric Co.
$135,700 PPP Loan in Montevideo, Minnesota
Loan Details
- Loan Number
- 2812497104
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $135,700
- Current Approval
- $135,700
- Forgiveness Amount
- $137,090
- Forgiveness Date
- May 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Potter Electric Co.
- Address
- 2752 East Hwy 7 P.o. Box 314
- City
- Montevideo
- State
- Minnesota
- ZIP Code
- 56265-0314
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 9
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $135,700
Lender Information
- Servicing Lender
- Minnwest Bank
- Originating Lender
- Minnwest Bank
Other PPP Loans in Montevideo, MN
| Business | Approved | |
|---|---|---|
| Ccm Health | $4,243,600 | |
| Ritalka INC | $2,780,000 | |
| American Surplus and Manufacturing, INC | $1,586,000 | |
| American Surplus and Manufacturing INC | $1,480,272 | |
| J & D Construction, Inc. | $1,259,900 |
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