Preferred Powder Coating LLC

$685,400 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
1723568308
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$685,400
Current Approval
$685,400
Forgiveness Amount
$688,065
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Preferred Powder Coating LLC
Address
10846 170th Ave NW
ZIP Code
55330-6337
Business Type
Corporation
Industry (NAICS)
Manufacturing (332812)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.0M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$685,397
Utilities
$1

Lender Information

Servicing Lender
First Bank Elk River
Originating Lender
First Bank Elk River

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