Austin Electric, INC

$140,500 PPP Loan in Austin, Minnesota

Loan Details

Loan Number
5888257004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$140,500
Current Approval
$140,500
Forgiveness Amount
$141,343
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Austin Electric, INC
Address
1111 5th Pl SE
City
Austin
ZIP Code
55912-2117
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$105,375
Utilities
$35,125

Lender Information

Servicing Lender
Manufacturers Bank & Trust Company
Originating Lender
Manufacturers Bank and Trust Company

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