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Ikonics Corporation

$1,214,500 PPP Loan in Duluth, Minnesota

Loan Details

Loan Number
1162267108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,214,500
Current Approval
$1,214,500
Forgiveness Amount
$1,221,920
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ikonics Corporation
Address
4832 Grand Ave
City
Duluth
State
Minnesota
ZIP Code
55807-2743
Business Type
Corporation
Industry (NAICS)
Manufacturing (333316)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
$21.5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$1,214,500

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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