Reliance Electric of Southern Minnesota Inc.

$26,089 PPP Loan in North Mankato, Minnesota

Loan Details

Loan Number
5652767204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$26,089
Current Approval
$26,089
Forgiveness Amount
$26,235
Forgiveness Date
Nov 24, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Reliance Electric of Southern Minnesota Inc.
Address
1110 North River Drive
ZIP Code
56003-2218
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423620)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$22,000
Rent
$3,500
Utilities
$589

Lender Information

Servicing Lender
Elysian Bank
Originating Lender
Elysian Bank

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