Ron's Electric, INC
$151,077 PPP Loan in Westbrook, Minnesota
Loan Details
- Loan Number
- 5623817000
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $151,077
- Current Approval
- $151,077
- Forgiveness Amount
- $152,344
- Forgiveness Date
- Feb 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ron's Electric, INC
- Address
- 708 5th Street Po Box 325
- City
- Westbrook
- State
- Minnesota
- ZIP Code
- 56183-9655
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- $5.3M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $141,453
- Rent
- $6,654
- Utilities
- $2,970
Lender Information
- Servicing Lender
- First State Bank Southwest
- Originating Lender
- First State Bank Southwest
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