Lakeridge Electric, LLC

$82,000 PPP Loan in Lindstrom, Minnesota

Loan Details

Loan Number
9976757010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$82,000
Current Approval
$82,000
Forgiveness Amount
$82,736
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lakeridge Electric, LLC
Address
17002 260th Street
ZIP Code
55045-9610
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$61,500
Rent
$5,125
Utilities
$5,125
Mortgage Interest
$5,125
Refinance EIDL
$5,125

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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