Nei Electric INC

$3,424,200 PPP Loan in Saint Paul, Minnesota

Loan Details

Loan Number
4371847007
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$3,424,200
Current Approval
$3,424,200
Forgiveness Amount
$3,469,793
Forgiveness Date
Aug 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nei Electric INC
Address
4815 White Bear Pkwy
ZIP Code
55110-3325
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
137
Estimated Revenue
$45.1M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$3,424,200

Lender Information

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

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