Loberg Electric, INC

$87,700 PPP Loan in Buffalo, Minnesota

Loan Details

Loan Number
6177197106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$87,700
Current Approval
$87,700
Forgiveness Amount
$88,440
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Loberg Electric, INC
Address
24 1st Ave NE
ZIP Code
55313-1515
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$87,700

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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