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Ako Electric INC

$19,700 PPP Loan in Glencoe, Minnesota

Loan Details

Loan Number
6557357206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$19,700
Current Approval
$19,700
Forgiveness Amount
$19,805
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ako Electric INC
Address
10878 160th Street
City
Glencoe
State
Minnesota
ZIP Code
55336-7420
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$14,775
Utilities
$2,463
Mortgage Interest
$2,462

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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