Milow Electric, INC

$453,000 PPP Loan in Long Lake, Minnesota

Loan Details

Loan Number
4547207106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$453,000
Current Approval
$453,000
Forgiveness Amount
$457,417
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Milow Electric, INC
Address
2065 W Wayzata Blvd
ZIP Code
55356-2200
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$12.5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$339,750
Rent
$28,313
Utilities
$28,313
Mortgage Interest
$28,313
Refinance EIDL
$28,313

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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