PPP borrower record

CENTRAL MINNESOTA ELECTRIC INC PPP loan record

Public SBA PPP loan record for CENTRAL MINNESOTA ELECTRIC INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$187,600
Approved amount
$178,587
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
CENTRAL MINNESOTA ELECTRIC INC
Loan number
2374567100
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Little Falls
Borrower state
Minnesota
Borrower ZIP
56345
Jobs reported
12
Loan status
Exemption 4
Forgiveness date
2020-11-09
Servicing lender
Randall State Bank
Originating lender
Randall State Bank

Reported use of proceeds

Payroll
$176,238
Rent
$8,000
Utilities
N/A
Mortgage interest
N/A
Health care
$3,362
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.