Coleman Electric, Inc.

$75,500 PPP Loan in Marshall, Minnesota

Loan Details

Loan Number
6182157001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$75,500
Current Approval
$75,500
Forgiveness Amount
$75,994
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Coleman Electric, Inc.
Address
905 E Southview Drive
ZIP Code
56258-2598
Business Type
Subchapter S 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
$56,625
Rent
$6,292
Utilities
$6,292
Debt Interest
$6,292

Lender Information

Servicing Lender
First Dakota National Bank
Originating Lender
First Dakota National Bank

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