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Crunden Electric

$28,400 PPP Loan in Blackduck, Minnesota

Loan Details

Loan Number
9630347008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$28,400
Current Approval
$28,400
Forgiveness Amount
$28,586
Forgiveness Date
Dec 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Crunden Electric
Address
29513 Corland Rd NE
City
Blackduck
State
Minnesota
ZIP Code
56630
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-08

Loan Use Breakdown

Payroll
$22,800
Rent
$5,000
Utilities
$300
Debt Interest
$300

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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