Iron Range Carpet and Upholstery

$78,600 PPP Loan in Chisholm, Minnesota

Loan Details

Loan Number
1273617305
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$78,600
Current Approval
$77,900
Forgiveness Amount
$78,863
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Iron Range Carpet and Upholstery
Address
100 East Iron Dr
ZIP Code
55719-1977
Business Type
Sole Proprietorship
Industry (NAICS)
Administrative and Support and Waste Management (561740)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$62,320
Rent
$10,000
Utilities
$5,580

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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