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Freeport Electric, Inc.

$112,700 PPP Loan in Freeport, Minnesota

Loan Details

Loan Number
5977607004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$112,700
Current Approval
$112,700
Forgiveness Amount
$113,528
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Freeport Electric, Inc.
Address
410 4th Avenue SW
City
Freeport
State
Minnesota
ZIP Code
56331-8500
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$111,700
Utilities
$1,000

Lender Information

Servicing Lender
Freeport State Bank
Originating Lender
Freeport State Bank

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