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Norske Electric, Inc.

$94,700 PPP Loan in Hamel, Minnesota

Loan Details

Loan Number
6941177401
Date Approved
May 15, 2020
Loan Status
Paid in Full
Initial Approval
$94,700
Current Approval
$94,700
Forgiveness Amount
$95,247
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Norske Electric, Inc.
Address
3540 Kilkenney Ln
City
Hamel
State
Minnesota
ZIP Code
55340-9203
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$71,089
Utilities
$23,611

Lender Information

Servicing Lender
Citizens Bank Minnesota
Originating Lender
Citizens Bank Minnesota

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