Falls Electric, Inc.

$54,969 PPP Loan in Thief River Falls, Minnesota

Loan Details

Loan Number
7330447100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$54,969
Current Approval
$54,969
Forgiveness Amount
$55,361
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Falls Electric, Inc.
Address
720 Dawn Avenue
ZIP Code
56701
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$54,969

Lender Information

Servicing Lender
Border Bank
Originating Lender
Border Bank

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