Phasor Electric Company

$486,110 PPP Loan in Blaine, Minnesota

Loan Details

Loan Number
3204328401
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$486,110
Current Approval
$486,110
Forgiveness Amount
$491,078
Forgiveness Date
Feb 25, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Phasor Electric Company
Address
2160 108th Ln NE
City
Blaine
ZIP Code
55449-5246
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$486,108
Utilities
$1

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

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