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Master Electric Co INC

$2,275,600 PPP Loan in Savage, Minnesota

Loan Details

Loan Number
2911907102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$2,275,600
Current Approval
$2,275,600
Forgiveness Amount
$2,301,473
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Master Electric Co INC
Address
8555 W 123rd St
City
Savage
State
Minnesota
ZIP Code
55378-1150
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
106
Estimated Revenue
$34.9M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$2,275,600

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Old National Bank

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