D&g Electric, INC

$161,400 PPP Loan in North Branch, Minnesota

Loan Details

Loan Number
5096047002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$161,400
Current Approval
$124,749
Forgiveness Amount
$125,932
Forgiveness Date
Apr 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
D&g Electric, INC
Address
6491 381st St
ZIP Code
55056-5815
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$107,000
Rent
$8,000
Utilities
$1,500
Health Care
$3,300
Debt Interest
$4,949

Lender Information

Servicing Lender
Stearns Bank National Association
Originating Lender
Stearns Bank National Association

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