Red's Auto Electric, INC

$82,300 PPP Loan in Saint Cloud, Minnesota

Loan Details

Loan Number
5705517106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$82,300
Current Approval
$82,300
Forgiveness Amount
$83,247
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Red's Auto Electric, INC
Address
625 East St Germain Street
ZIP Code
56304-0835
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811118)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$82,300

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

Other PPP Loans in Saint Cloud, MN

BusinessApproved
Bergankdv Ltd$7,793,400NewBizBotAI Deep Dive
Fulfillment Distribution Center, INC$5,037,000NewBizBotAI Deep Dive
Nahan Printing, Inc.$4,811,181NewBizBotAI Deep Dive
Landwehr Construction, Inc.$4,127,500NewBizBotAI Deep Dive
Viking Coca-Cola Bottling Co.$3,659,300NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free