Russ Orson Electric INC

$52,700 PPP Loan in Maple Lake, Minnesota

Loan Details

Loan Number
5188417210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$52,700
Current Approval
$52,700
Forgiveness Amount
$53,136
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Russ Orson Electric INC
Address
29 Maple Ave
ZIP Code
55358-4581
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-06

Loan Use Breakdown

Payroll
$45,030
Rent
$4,700
Utilities
$520
Health Care
$2,450

Lender Information

Servicing Lender
Midcountry Bank
Originating Lender
Midcountry Bank

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