Evergreen Electrical Contractors, Inc.

$89,000 PPP Loan in Merrifield, Minnesota

Loan Details

Loan Number
7878407007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$89,000
Current Approval
$89,000
Forgiveness Amount
$89,742
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Evergreen Electrical Contractors, Inc.
Address
25653 Blue Bonnet Road
ZIP Code
56465-4490
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$78,000
Rent
$8,000
Utilities
$2,000
Debt Interest
$1,000

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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