Groe Electric, Inc.
$45,500 PPP Loan in Lake Mills, Iowa
Loan Details
- Loan Number
- 4759657005
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $45,500
- Current Approval
- $45,500
- Forgiveness Amount
- $45,774
- Forgiveness Date
- Nov 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Groe Electric, Inc.
- Address
- 102 S Iowa St
- City
- Lake Mills
- State
- Iowa
- ZIP Code
- 50450-1649
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 4
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $34,125
- Utilities
- $5,688
- Mortgage Interest
- $5,687
Lender Information
- Servicing Lender
- Manufacturers Bank & Trust Company
- Originating Lender
- Manufacturers Bank & Trust Company
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| Business | Approved | |
|---|---|---|
| Norsemen Trucking, Inc. | $837,200 |  AI Deep Dive |
| Larson Contracting Central LLC | $519,955 | AI Deep Dive |
| Larson Contracting Central LLC | $519,900 | AI Deep Dive |
| Tek Holdings, LLC | $383,632 | AI Deep Dive |
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