Electric Motor Company

$13,422 PPP Loan in Bird Island, Minnesota

Loan Details

Loan Number
8434608607
Date Approved
Mar 24, 2021
Loan Status
Paid in Full
Initial Approval
$13,422
Current Approval
$13,422
Forgiveness Amount
$13,457
Forgiveness Date
Jul 8, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Electric Motor Company
Address
451 Hwy Ave
ZIP Code
55310
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$13,422

Lender Information

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

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