Oberfoell Auctioneers

$26,950 PPP Loan in Mountain Iron, Minnesota

Loan Details

Loan Number
1670407305
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$26,950
Current Approval
$26,950
Forgiveness Amount
$27,157
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oberfoell Auctioneers
Address
4937 Spirit Lake Rd
ZIP Code
55768
Business Type
Sole Proprietorship
Industry (NAICS)
Administrative and Support and Waste Management (561990)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$20,215
Utilities
$2,695
Mortgage Interest
$4,040

Lender Information

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

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