Schroeder Electric of Easton LLC

$117,700 PPP Loan in Easton, Minnesota

Loan Details

Loan Number
5845947010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$117,700
Current Approval
$117,700
Forgiveness Amount
$118,761
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schroeder Electric of Easton LLC
Address
50 4th St
City
Easton
ZIP Code
56025-2002
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$88,289
Rent
$8,375
Utilities
$10,686
Health Care
$10,350

Lender Information

Servicing Lender
Global Innovations Bank
Originating Lender
Global Innovations Bank

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