B & M Electric INC

$85,000 PPP Loan in Detroit Lakes, Minnesota

Loan Details

Loan Number
6459747005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$85,000
Current Approval
$85,000
Forgiveness Amount
$85,723
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B & M Electric INC
Address
30614 Sunset Rd
ZIP Code
56501-7509
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$85,000

Lender Information

Servicing Lender
Bell Bank
Originating Lender
Bell Bank

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