Southern Minnesota Electric Inc.
$15,700 PPP Loan in Geneva, Minnesota
Loan Details
- Loan Number
- 4912787006
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $15,700
- Current Approval
- $15,700
- Forgiveness Amount
- $15,841
- Forgiveness Date
- Mar 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southern Minnesota Electric Inc.
- Address
- 105 N Central
- City
- Geneva
- State
- Minnesota
- ZIP Code
- 56035-9999
- Business Type
- Subchapter S 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
- MN-01
Loan Use Breakdown
- Payroll
- $13,000
- Utilities
- $1,000
- Mortgage Interest
- $1,700
Lender Information
- Servicing Lender
- Arcadian Bank
- Originating Lender
- Arcadian Bank
Other PPP Loans in Geneva, MN
| Business | Approved | |
|---|---|---|
| Broskoff Structures INC | $162,147 | |
| Sorenson's Appliance & Tv Inc. | $138,402 | |
| New Geneva Meats and Processing, Inc. | $120,875 | |
| Sorenson's Appliance & Tv Inc. | $114,306 | |
| Jensen Heating and Air Conditioning, INC | $55,947 |
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