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
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

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