Grotberg Electric, Inc.
$1,161,200 PPP Loan in Valley City, North Dakota
Loan Details
- Loan Number
- 9669657102
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,161,200
- Current Approval
- $1,161,200
- Forgiveness Amount
- $1,169,135
- Forgiveness Date
- Dec 28, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Grotberg Electric, Inc.
- Address
- 1109 Main St
- City
- Valley City
- State
- North Dakota
- ZIP Code
- 58072-3639
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 88
- Estimated Revenue
- $29.0M
- Rural/Urban
- Rural
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $929,900
- Rent
- $7,400
- Utilities
- $6,900
- Health Care
- $217,000
Lender Information
- Servicing Lender
- Dacotah Bank
- Originating Lender
- Dacotah Bank
Other PPP Loans in Valley City, ND
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|---|---|---|
| Fei, Inc. | $1,303,600 |  Research |
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| Valley Rental Service, Inc. | $515,100 | Research |
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| Swanberg Construction, Inc. | $388,800 | Research |
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