Simco Electric LLC

$112,500 PPP Loan in Duluth, Minnesota

Loan Details

Loan Number
7087108501
Date Approved
Mar 5, 2021
Loan Status
Paid in Full
Initial Approval
$112,500
Current Approval
$112,500
Forgiveness Amount
$112,987
Forgiveness Date
Aug 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Simco Electric LLC
Address
3947 E Calvary Rd Ste 103
City
Duluth
ZIP Code
55803-1310
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$112,500

Lender Information

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

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