Schlemmer Electric, Inc.

$90,500 PPP Loan in Bloomington, Minnesota

Loan Details

Loan Number
3496807103
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$90,500
Current Approval
$90,500
Forgiveness Amount
$91,251
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schlemmer Electric, Inc.
Address
10646 Kell Ave S
ZIP Code
55437-2931
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$89,000
Rent
$1,500

Lender Information

Servicing Lender
Bridgewater Bank
Originating Lender
Bridgewater Bank

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