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Western Electric, Inc.

$62,558 PPP Loan in Delano, Minnesota

Loan Details

Loan Number
6412297004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$62,558
Current Approval
$62,558
Forgiveness Amount
$63,131
Forgiveness Date
Mar 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Western Electric, Inc.
Address
825 Country Ln
City
Delano
State
Minnesota
ZIP Code
55328-8818
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$58,808
Rent
$3,750

Lender Information

Servicing Lender
Minnesota Lakes Bank
Originating Lender
Minnesota Lakes Bank

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