Munson Electric, Inc.
$118,847 PPP Loan in Red Wing, Minnesota
Loan Details
- Loan Number
- 3116387107
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $118,847
- Current Approval
- $118,847
- Forgiveness Amount
- $119,811
- Forgiveness Date
- Feb 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Munson Electric, Inc.
- Address
- 1617 Hay Creek Valley Rd
- City
- Red Wing
- State
- Minnesota
- ZIP Code
- 55066-4911
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 6
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $90,325
- Utilities
- $28,522
Lender Information
- Servicing Lender
- First Farmers & Merchants Bank
- Originating Lender
- First Farmers & Merchants Bank
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