Superior Steel Erectors LLC

$864,800 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
1130507103
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$864,800
Current Approval
$864,800
Forgiveness Amount
$874,361
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Superior Steel Erectors LLC
Address
17239 Ulysses St NW
ZIP Code
55330-1571
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332323)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$662,500
Rent
$3,600
Utilities
$1,100
Health Care
$194,300
Debt Interest
$3,300

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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