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M & T Electric INC

$106,700 PPP Loan in Hastings, Minnesota

Loan Details

Loan Number
6529127003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$106,700
Current Approval
$106,700
Forgiveness Amount
$104,183
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
M & T Electric INC
Address
7623 Saint Croix Trl Ln S.
City
Hastings
State
Minnesota
ZIP Code
55033
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$99,282
Rent
$5,400
Utilities
$2,018

Lender Information

Servicing Lender
First State Bank and Trust
Originating Lender
First State Bank and Trust

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