Universal Services Telecommunications Te

$1,582,300 PPP Loan in Hastings, Minnesota

Loan Details

Loan Number
6527147005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,582,300
Current Approval
$1,582,300
Forgiveness Amount
$1,598,383
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Universal Services Telecommunications Te
Address
12151 120th St S
ZIP Code
55033-9428
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
100
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$1,500,300
Rent
$62,000
Utilities
$20,000

Lender Information

Servicing Lender
Bridgewater Bank
Originating Lender
Bridgewater Bank

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