Adair Electric Company

$1,341,244 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
4039178807
Date Approved
Apr 15, 2021
Loan Status
Paid in Full
Initial Approval
$1,341,244
Current Approval
$1,341,244
Forgiveness Amount
$1,346,050
Forgiveness Date
Sep 7, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Adair Electric Company
Address
204 16th St SE
ZIP Code
55904-7911
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
100
Estimated Revenue
$32.9M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,341,244

Lender Information

Servicing Lender
Home Federal Savings Bank
Originating Lender
Home Federal Savings Bank

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