Abel's Electric Motor Service
$11,100 PPP Loan in New Ulm, Minnesota
Loan Details
- Loan Number
- 8506377200
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $11,100
- Current Approval
- $11,100
- Forgiveness Amount
- $11,161
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Abel's Electric Motor Service
- Address
- 406 North Front St Po Box 363
- City
- New Ulm
- State
- Minnesota
- ZIP Code
- 56073-1632
- Business Type
- Sole Proprietorship
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 2
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $11,100
Lender Information
- Servicing Lender
- Citizens Bank Minnesota
- Originating Lender
- Citizens Bank Minnesota
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