Schafer Electric
$25,200 PPP Loan in Red Lake Falls, Minnesota
Loan Details
- Loan Number
- 2975107206
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $25,200
- Current Approval
- $25,200
- Forgiveness Amount
- $25,401
- Forgiveness Date
- Feb 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schafer Electric
- Address
- 16483 120th Ave SW
- City
- Red Lake Falls
- State
- Minnesota
- ZIP Code
- 56750-8971
- Business Type
- Partnership
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 2
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $25,200
Lender Information
- Servicing Lender
- Unity Bank
- Originating Lender
- Unity Bank
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