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Cress Refrigeration Inc.

$60,000 PPP Loan in Fairmont, Minnesota

Loan Details

Loan Number
1534657109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$60,000
Current Approval
$60,000
Forgiveness Amount
$60,580
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cress Refrigeration Inc.
Address
214 Budd St.
City
Fairmont
State
Minnesota
ZIP Code
56031-2903
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$54,000
Rent
$2,250
Utilities
$1,100
Health Care
$2,650

Lender Information

Servicing Lender
State Bank of Fairmont
Originating Lender
State Bank of Fairmont

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