Gunnar Electric INC

$924,800 PPP Loan in Eden Prairie, Minnesota

Loan Details

Loan Number
7273717003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$924,800
Current Approval
$924,800
Forgiveness Amount
$935,050
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gunnar Electric INC
Address
14850 Martin Dr
ZIP Code
55344-2012
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$739,860
Rent
$14,417
Utilities
$3,105
Health Care
$167,418

Lender Information

Servicing Lender
First Minnetonka City Bank
Originating Lender
First Minnetonka City Bank

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