Electro Industries Inc.

$428,478 PPP Loan in Monticello, Minnesota

Loan Details

Loan Number
5474528303
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$428,478
Current Approval
$428,478
Forgiveness Amount
$431,822
Forgiveness Date
Nov 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Electro Industries Inc.
Address
2150 W River St
ZIP Code
55362-4700
Business Type
Corporation
Industry (NAICS)
Manufacturing (335999)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$428,475
Utilities
$1

Lender Information

Servicing Lender
Sherburne State Bank
Originating Lender
Sherburne State Bank

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