Nies Electric Company

$50,300 PPP Loan in Saint Cloud, Minnesota

Loan Details

Loan Number
9422787006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$50,300
Current Approval
$50,300
Forgiveness Amount
$50,574
Forgiveness Date
Nov 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Nies Electric Company
Address
780 Mayhew Lake Rd NE
ZIP Code
56304-9600
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$50,300

Lender Information

Servicing Lender
Farmers and Merchants State Bank of Pierz
Originating Lender
Farmers and Merchants State Bank of Pierz

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