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Drescher Electric, INC

$14,860 PPP Loan in Alden, Minnesota

Loan Details

Loan Number
6202557110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$14,860
Current Approval
$14,860
Forgiveness Amount
$14,976
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drescher Electric, INC
Address
20582 680th Av
City
Alden
State
Minnesota
ZIP Code
56009-5473
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
1
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$14,860

Lender Information

Servicing Lender
Farmers Trust & Savings Bank
Originating Lender
Farmers Trust & Savings Bank

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