Sherco Construction, Inc.

$141,000 PPP Loan in Forest Lake, Minnesota

Loan Details

Loan Number
1371527110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$141,000
Current Approval
$141,000
Forgiveness Amount
$142,022
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sherco Construction, Inc.
Address
79 North Lake St
ZIP Code
55025-2502
Business Type
Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$106,000
Utilities
$14,000
Mortgage Interest
$21,000

Lender Information

Servicing Lender
Premier Bank
Originating Lender
Premier Bank

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