Vinco INC

$2,817,837 PPP Loan in Forest Lake, Minnesota

Loan Details

Loan Number
1106047107
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,817,837
Current Approval
$2,817,837
Forgiveness Amount
$2,853,118
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vinco INC
Address
18995 Forest Blvd Po Box 907
ZIP Code
55025
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
221
Estimated Revenue
$67.7M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$2,254,270
Rent
$281,784
Utilities
$281,783

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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