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
- City
- Monticello
- State
- Minnesota
- 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
Other PPP Loans in Monticello, MN
| Business | Approved | |
|---|---|---|
| Standard Iron & Wire Works INC | $6,477,500 | |
| Umc, Inc. | $3,367,800 | |
| Dan & Jerry's Greenhouse LLC | $2,097,036 | |
| Bondhus Corporation | $1,849,750 | |
| Bondhus Corporation | $1,849,700 |
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