Electro Industries, Inc.
$479,500 PPP Loan in Monticello, Minnesota
Loan Details
- Loan Number
- 4653687005
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $479,500
- Current Approval
- $479,500
- Forgiveness Amount
- $483,509
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Electro Industries, Inc.
- Address
- 2150 W. River St.
- City
- Monticello
- State
- Minnesota
- ZIP Code
- 55362-4700
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (335311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $8.9M
- Rural/Urban
- Rural
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $479,500
Lender Information
- Servicing Lender
- Sherburne State Bank
- Originating Lender
- Sherburne State Bank
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