Marine Electric Co,

$274,700 PPP Loan in Bloomington, Minnesota

Loan Details

Loan Number
7569647005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$274,700
Current Approval
$274,700
Forgiveness Amount
$278,245
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marine Electric Co,
Address
1900 W 98th Street
ZIP Code
55431-2503
Business Type
Corporation
Industry (NAICS)
Retail Trade (441222)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$274,700

Lender Information

Servicing Lender
Htlf Bank
Originating Lender
Minnesota Bank and Trust, a Division of Htlf Bank

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