Phase Electric, Incorporated

$1,243,700 PPP Loan in Bloomington, Minnesota

Loan Details

Loan Number
4724967004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,243,700
Current Approval
$1,189,400
Forgiveness Amount
$1,200,577
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Phase Electric, Incorporated
Address
9401 James Ave S Ste 150
ZIP Code
55431-2500
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
108
Estimated Revenue
$35.5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$1,189,400

Lender Information

Servicing Lender
Choice Financial Group
Originating Lender
Choice Financial Group

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