← SBA PPP loans

ALBERT LEA ELECTRIC COMPANY

Paid in Full · $560K forgiven · 4694447010 · approved 04/04/2020

$557K
Approved
$560K
Forgiven (101%)
26
Jobs claimed
24
Term (months)

Borrower

Name
ALBERT LEA ELECTRIC COMPANY
Address
1410 OLSEN DR, ALBERT LEA, MN, 56007-6305
NAICS
238210
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old

Use of funds

Payroll
$446K
Rent
$40K
Mortgage interest
$40K
Utilities
$20K
Debt interest
$11K

Lender

Originating
Arcadian Bank
Servicing
Arcadian Bank (MN)

Source

Authoritative
SBA PPP FOIA Dataset
Machine
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