Schafer Electric
$20,833 PPP Loan in Red Lake Falls, Minnesota
Loan Details
- Loan Number
- 3074428506
- Date Approved
- Feb 22, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $20,833
- Current Approval
- $20,833
- Forgiveness Amount
- $20,972
- Forgiveness Date
- Oct 25, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Schafer Electric
- Address
- 16843 120th Ave SW
- City
- Red Lake Falls
- State
- Minnesota
- ZIP Code
- 56750
- 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
- $20,833
Lender Information
- Servicing Lender
- Unity Bank
- Originating Lender
- Unity Bank
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