Stearns Cooperative Electric Association
$215,000 PPP Loan in Melrose, Minnesota
Loan Details
- Loan Number
- 3644247104
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $215,000
- Current Approval
- $215,000
- Forgiveness Amount
- $151,098
- Forgiveness Date
- Sep 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $215,000
Lender Information
- Servicing Lender
- Magnifi Financial Cu
- Originating Lender
- Magnifi Financial Cu
Other PPP Loans in Melrose, MN
| Business | Approved | |
|---|---|---|
| Leedstone, INC | $1,875,000 | |
| Melrose Electric, INC | $761,700 | |
| Rahn's Oil & Propane Inc. | $724,471 | |
| Rahn's Oil & Propane, Inc. | $661,000 | |
| Commercial Contractors Co. of Melrose, Inc. | $425,200 |
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