Ploog Electric, Inc.

$183,800 PPP Loan in Madison Lake, Minnesota

Loan Details

Loan Number
4774837009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$183,800
Current Approval
$183,800
Forgiveness Amount
$185,388
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ploog Electric, Inc.
Address
61733 243rd St
ZIP Code
56063-4455
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$147,100
Rent
$10,000
Utilities
$10,000
Health Care
$6,700
Debt Interest
$10,000

Lender Information

Servicing Lender
Progrowth Bank
Originating Lender
Progrowth Bank

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