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
- City
- Bloomington
- State
- Minnesota
- 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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| Network Therapy Services, LLC | $4,806,790 | |
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| Personnel Management Group, Inc. | $4,487,900 | |
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