European Roasterie, Inc.

$410,775 PPP Loan in Le Center, Minnesota

Loan Details

Loan Number
1438667101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$410,775
Current Approval
$410,775
Forgiveness Amount
$414,095
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
European Roasterie, Inc.
Address
250 West Bradshaw Street
ZIP Code
56057-1121
Business Type
Corporation
Industry (NAICS)
Manufacturing (311920)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$17.3M
Rural/Urban
Rural
Congressional District
MN-02

Loan Use Breakdown

Payroll
$308,100
Utilities
$41,100
Mortgage Interest
$61,575

Lender Information

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

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