Mears Electric Inc.

$51,300 PPP Loan in Slayton, Minnesota

Loan Details

Loan Number
9657087100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$51,300
Current Approval
$51,300
Forgiveness Amount
$51,661
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mears Electric Inc.
Address
76 Pleasant View Rd
ZIP Code
56172-1933
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$51,300

Lender Information

Servicing Lender
Minnwest Bank
Originating Lender
Minnwest Bank

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