Ruhland Electric Inc.

$73,070 PPP Loan in Montgomery, Minnesota

Loan Details

Loan Number
5402488305
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$73,070
Current Approval
$73,070
Forgiveness Amount
$73,402
Forgiveness Date
Jul 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ruhland Electric Inc.
Address
287 Montgomery Ave SW
ZIP Code
56069-4245
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-02

Loan Use Breakdown

Payroll
$73,069
Utilities
$1

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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