Current business record

ALBERT LEA ELECTRIC COMPANY

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$350,000–1 million
Filed business name
ALBERT LEA ELECTRIC COMPANY
Approval date
Mar 27, 2021
Initial approval amount
$556,995.52
Current approval amount
$556,995.52
Loan status
Paid in Full (Oct 9, 2021)
Forgiveness amount
$559,528.71
Jobs reported
26
Address
1410 Olsen Dr
Albert Lea, MN 56007-6305
Lender
Arcadian Bank
NAICS code
238210
Business type
Subchapter S Corporation
Congressional district
MN-01

Loan 2

$350,000–1 million
Filed business name
ALBERT LEA ELECTRIC COMPANY
Approval date
Apr 4, 2020
Initial approval amount
$556,900.00
Current approval amount
$556,900.00
Loan status
Paid in Full (Mar 3, 2021)
Forgiveness amount
$560,294.66
Jobs reported
26
Address
1410 OLSEN DR
ALBERT LEA, MN 56007-6305
Lender
Arcadian Bank
NAICS code
238210
Business type
Subchapter S Corporation
Congressional district
MN-01