Rice Lake Electric INC

$59,065 PPP Loan in Belle Plaine, Minnesota

Loan Details

Loan Number
8346137209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$59,065
Current Approval
$53,284
Forgiveness Amount
$53,697
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rice Lake Electric INC
Address
26346 Meridan Avenue
ZIP Code
56011
Business Type
Corporation
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$53,284

Lender Information

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

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