North Water Electric INC

$65,000 PPP Loan in Mountain Iron, Minnesota

Loan Details

Loan Number
7593738309
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$65,000
Current Approval
$65,000
Forgiveness Amount
$65,394
Forgiveness Date
Sep 13, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
North Water Electric INC
Address
9755 Allavus Rd
ZIP Code
55768-8006
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$64,998
Utilities
$1

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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