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Vision Electrical Services INC

$174,200 PPP Loan in Baxter, Minnesota

Loan Details

Loan Number
6275907109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$174,200
Current Approval
$174,200
Forgiveness Amount
$176,028
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vision Electrical Services INC
Address
7953 College Rd
City
Baxter
State
Minnesota
ZIP Code
56425
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$130,650
Utilities
$17,420
Mortgage Interest
$26,130

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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