Paul's Electric INC

$209,000 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
7874937005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$209,000
Current Approval
$209,000
Forgiveness Amount
$210,132
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Paul's Electric INC
Address
19 N Front Street, Po Box 302
ZIP Code
56073
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$209,000

Lender Information

Servicing Lender
Alliance Bank
Originating Lender
Alliance Bank

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