Bronson Electric, Inc.
$232,400 PPP Loan in Clearwater, Minnesota
Loan Details
- Loan Number
- 4241557103
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $232,400
- Current Approval
- $232,400
- Forgiveness Amount
- $234,188
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bronson Electric, Inc.
- Address
- 20021 Edison Circle
- City
- Clearwater
- State
- Minnesota
- ZIP Code
- 55320-1653
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- $5.3M
- Rural/Urban
- Rural
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $211,997
- Rent
- $18,000
- Utilities
- $2,403
Lender Information
- Servicing Lender
- American Heritage National Bank
- Originating Lender
- American Heritage National Bank
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|---|---|---|
| S.t. Cotter Turbine Services | $2,000,000 | |
| Ctp Inc. | $1,531,900 | |
| Ctp, Inc. | $1,000,000 | |
| S. T. Cotter Turbine Services, Inc. | $941,000 | |
| Sma LLC | $815,453 |
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