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Labine Electric INC

$35,870 PPP Loan in Argyle, Minnesota

Loan Details

Loan Number
3020927109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$35,870
Current Approval
$35,870
Forgiveness Amount
$36,098
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Labine Electric INC
Address
108 W 2nd St
City
Argyle
State
Minnesota
ZIP Code
56713-4110
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$31,000
Utilities
$4,870

Lender Information

Servicing Lender
United Valley Bank
Originating Lender
United Valley Bank

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