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Ron's Plumbing Hvac & Electric Inc.

$345,500 PPP Loan in Wells, Minnesota

Loan Details

Loan Number
5599277003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$345,500
Current Approval
$345,500
Forgiveness Amount
$348,150
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ron's Plumbing Hvac & Electric Inc.
Address
77 6th Ave NW
City
Wells
State
Minnesota
ZIP Code
56097-1149
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.6M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$259,125
Rent
$51,825
Utilities
$34,550

Lender Information

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

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