Choice Electric INC

$492,100 PPP Loan in Shakopee, Minnesota

Loan Details

Loan Number
3837687103
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$492,100
Current Approval
$492,100
Forgiveness Amount
$494,945
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Choice Electric INC
Address
3080 4th Ave E
ZIP Code
55379-1767
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$492,100

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Old National Bank

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