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Kor Electric INC

$18,725 PPP Loan in Hatfield, Minnesota

Loan Details

Loan Number
7745677003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$18,725
Current Approval
$18,725
Forgiveness Amount
$18,817
Forgiveness Date
Oct 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Kor Electric INC
Address
312 3rd St
City
Hatfield
State
Minnesota
ZIP Code
56164-1399
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$14,980
Rent
$1,745
Utilities
$2,000

Lender Information

Servicing Lender
First State Bank Southwest
Originating Lender
First State Bank Southwest

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