Ron's Electric Motor and Repair, Inc.

$24,700 PPP Loan in Madelia, Minnesota

Loan Details

Loan Number
3683127302
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$24,700
Current Approval
$24,700
Forgiveness Amount
$24,806
Forgiveness Date
Oct 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ron's Electric Motor and Repair, Inc.
Address
80790 Hammond Hwy
ZIP Code
56062-5406
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811118)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$24,700

Lender Information

Servicing Lender
United Prairie Bank
Originating Lender
United Prairie Bank

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