Helm Electric, Inc.

$201,907 PPP Loan in Farmington, Minnesota

Loan Details

Loan Number
8293907003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$201,907
Current Approval
$201,907
Forgiveness Amount
$204,109
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Helm Electric, Inc.
Address
22008 Canton Ct
ZIP Code
55024-8505
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$151,431
Utilities
$20,190
Mortgage Interest
$30,286

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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