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Brads Electric Inc.

$24,000 PPP Loan in Caledonia, Minnesota

Loan Details

Loan Number
7975757205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$24,000
Current Approval
$24,000
Forgiveness Amount
$24,165
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Brads Electric Inc.
Address
12435 Green Acres Dr
City
Caledonia
State
Minnesota
ZIP Code
55921
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Unanswered
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$18,000
Utilities
$6,000

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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