Knobelsdorff Electric INC

$1,987,362 PPP Loan in Goodhue, Minnesota

Loan Details

Loan Number
8134577406
Date Approved
May 18, 2020
Loan Status
Paid in Full
Initial Approval
$1,987,362
Current Approval
$1,987,362
Forgiveness Amount
$2,004,807
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Knobelsdorff Electric INC
Address
25701 370th St
ZIP Code
55027-8616
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
145
Estimated Revenue
$47.7M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,490,522
Utilities
$496,840

Lender Information

Servicing Lender
First Farmers & Merchants Bank
Originating Lender
First Farmers & Merchants Bank

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