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Morem Electric INC

$155,647 PPP Loan in Harmony, Minnesota

Loan Details

Loan Number
5102057002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$155,647
Current Approval
$155,647
Forgiveness Amount
$157,005
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morem Electric INC
Address
715 Main Ave North
City
Harmony
State
Minnesota
ZIP Code
55939-8819
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$155,647

Lender Information

Servicing Lender
First Southeast Bank
Originating Lender
First Southeast Bank

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