E and C Hardware INC

$49,100 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
5069577002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$49,100
Current Approval
$49,100
Forgiveness Amount
$49,433
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
E and C Hardware INC
Address
1264 Main Street
ZIP Code
55066-2176
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444130)
Franchise
Ace Hardware
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$39,100
Rent
$10,000

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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