Gowan Construction Inc.

$2,000,000 PPP Loan in Oslo, Minnesota

Loan Details

Loan Number
1787108701
Date Approved
Mar 27, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,014,944
Forgiveness Date
Dec 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Gowan Construction Inc.
Address
3596 15th St NE
City
Oslo
ZIP Code
56744-9108
Business Type
Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
119
Estimated Revenue
$36.9M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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