Albert Lea Elevator Co., Inc.
$128,500 PPP Loan in Albert Lea, Minnesota
Loan Details
- Loan Number
- 5069237005
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $128,500
- Current Approval
- $128,500
- Forgiveness Amount
- $129,380
- Forgiveness Date
- Dec 22, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Albert Lea Elevator Co., Inc.
- Address
- 1301 W 9th St
- City
- Albert Lea
- State
- Minnesota
- ZIP Code
- 56007-1310
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424510)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 7
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $108,500
- Utilities
- $4,000
- Mortgage Interest
- $8,000
- Debt Interest
- $8,000
Lender Information
- Servicing Lender
- Arcadian Bank
- Originating Lender
- Arcadian Bank
Other PPP Loans in Albert Lea, MN
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|---|---|---|
| Innovance, INC | $5,100,000 |  AI Deep Dive |
| Mrs. Gerry's Kitchen, Inc. | $2,252,269 | AI Deep Dive |
| Argonaut Minnesota Ventures INC | $2,032,300 | AI Deep Dive |
| Amerinational Community Services LLC | $1,964,000 | AI Deep Dive |
| St. John's Lutheran Home of Alberta Lea | $1,782,735 | AI Deep Dive |
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