Ruhland Electric, Inc.

$75,100 PPP Loan in Montgomery, Minnesota

Loan Details

Loan Number
2900787108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$75,100
Current Approval
$42,000
Forgiveness Amount
$42,300
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ruhland Electric, Inc.
Address
287 Montgomery Ave SW
ZIP Code
56069-4245
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-02

Loan Use Breakdown

Payroll
$42,000

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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