Guaranteed Electric Service, Inc.

$187,500 PPP Loan in Mankato, Minnesota

Loan Details

Loan Number
4396857006
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$187,500
Current Approval
$187,500
Forgiveness Amount
$188,661
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Guaranteed Electric Service, Inc.
Address
53936 208th Ln
ZIP Code
56001-5918
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$150,000
Utilities
$18,750
Mortgage Interest
$18,750

Lender Information

Servicing Lender
Community Bank Mankato
Originating Lender
Community Bank Mankato

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