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Louis Leustek & Sons, Inc.

$522,551 PPP Loan in Ely, Minnesota

Loan Details

Loan Number
3989627106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$522,551
Current Approval
$522,551
Forgiveness Amount
$528,192
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Louis Leustek & Sons, Inc.
Address
1715 East Sheridan St
City
Ely
State
Minnesota
ZIP Code
55731-1928
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$6.7M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$391,913
Utilities
$52,255
Mortgage Interest
$78,383

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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