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
- City
- Madison Lake
- State
- Minnesota
- 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
Other PPP Loans in Madison Lake, MN
| Business | Approved | |
|---|---|---|
| Pro Fabrication Inc. | $920,241 | |
| Pro Fabrication, Inc. | $920,200 | |
| J Taylor LLC | $252,700 | |
| Smith Lawn & Landscapping LLC | $239,612 | |
| Smith Lawn and Landscape, LLC | $213,600 |
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