Derek A. Skovbroten

$31,300 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
1675247108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$31,300
Current Approval
$31,300
Forgiveness Amount
$31,530
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Derek A. Skovbroten
Address
422 Center St
ZIP Code
56073-3066
Business Type
Sole Proprietorship
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$28,500
Rent
$2,000
Utilities
$800

Lender Information

Servicing Lender
Home State Bank
Originating Lender
Home State Bank

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