PPP borrower record
ALBERT LEA ELECTRIC COMPANY PPP loan record
Public SBA PPP loan record for ALBERT LEA ELECTRIC COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$556,996
Approved amount
N/A
Forgiven amount
2021-03-27
Date approved
Borrower and loan details
Borrower
ALBERT LEA ELECTRIC COMPANY
Loan number
1294488701
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Albert Lea
Borrower state
Minnesota
Borrower ZIP
56007
Jobs reported
26
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Arcadian Bank
Originating lender
Arcadian Bank
Reported use of proceeds
Payroll
$556,991
Rent
N/A
Utilities
$1
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
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.