Patriot Erectors, Inc.

$507,000 PPP Loan in Loretto, Minnesota

Loan Details

Loan Number
6978157007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$507,000
Current Approval
$507,000
Forgiveness Amount
$512,915
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Patriot Erectors, Inc.
Address
9520 County Road 19 Ste B
ZIP Code
55357-2200
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238120)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$380,250
Rent
$126,750

Lender Information

Servicing Lender
First Bank Elk River
Originating Lender
First Bank Elk River

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