Pearson & Stemper Electric, Inc.
$88,900 PPP Loan in Saint Charles, Minnesota
Loan Details
- Loan Number
- 6678757008
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $88,900
- Current Approval
- $88,900
- Forgiveness Amount
- $89,658
- Forgiveness Date
- Feb 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Pearson & Stemper Electric, Inc.
- Address
- 11999 Equine Dr
- City
- Saint Charles
- State
- Minnesota
- ZIP Code
- 55972-4203
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 7
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $88,900
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
Other PPP Loans in Saint Charles, MN
| Business | Approved | |
|---|---|---|
| Timms Auto, Inc. | $327,600 |  Research |
| Nsh Whitewater LLC | $266,500 | Research |
| Whitewater Cdjr of St. Charles, Inc. | $211,700 | Research |
| Active Tool & Die, Inc. | $176,500 | Research |
| Nrb Metals, L.l.c. | $175,600 | Research |
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