As part of the Paycheck Protection Program KNOBELSDORFF ELECTRIC INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

KNOBELSDORFF ELECTRIC INC


Loan Amount	$1,987,362
BusinessName	KNOBELSDORFF ELECTRIC INC
Address	25701 370TH ST
City	GOODHUE
State	MN
Zip	55027
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	145
DateApproved	05/18/2020
Lender	First Farmers & Merchants Bank
CD	MN-02
BusinessName.clean	KNOBELSDORFF ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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