Willmar Electric Service Corp

$1,748,442 PPP Loan in Willmar, Minnesota

Loan Details

Loan Number
5048607010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,748,442
Current Approval
$1,748,442
Forgiveness Amount
$1,758,070
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Willmar Electric Service Corp
Address
2405 Trott Ave SW
ZIP Code
56201-2726
Business Type
Cooperative
Industry (NAICS)
Real Estate and Rental and Leasing (531120)
Business Age
Existing or more than 2 years old
Jobs Reported
140
Estimated Revenue
$21.0M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$1,748,442

Lender Information

Servicing Lender
Heritage Bank, National Association
Originating Lender
Heritage Bank, National Association

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