Daley Electric, LLC

$415,600 PPP Loan in Newport, Minnesota

Loan Details

Loan Number
4707287010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$415,600
Current Approval
$415,600
Forgiveness Amount
$419,006
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Daley Electric, LLC
Address
222 21st Street
ZIP Code
55055-1006
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$390,600
Rent
$7,900
Utilities
$1,000
Health Care
$16,100

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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