Design Electronics, LLC

$293,600 PPP Loan in Little Falls, Minnesota

Loan Details

Loan Number
4410837008
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$293,600
Current Approval
$293,600
Forgiveness Amount
$295,280
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Design Electronics, LLC
Address
1614 1st Ave
ZIP Code
56345-3306
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (443142)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$293,600

Lender Information

Servicing Lender
Farmers and Merchants State Bank of Pierz
Originating Lender
Farmers and Merchants State Bank of Pierz

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