Electrical & Communication Spe

$114,425 PPP Loan in Mankato, Minnesota

Loan Details

Loan Number
7061587010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$114,425
Current Approval
$114,425
Forgiveness Amount
$115,337
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Electrical & Communication Spe
Address
510 Sibley St
ZIP Code
56001-2047
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$91,540
Utilities
$11,000
Mortgage Interest
$11,885

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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