Assurance Mfg. Co., Inc.

$1,469,817 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
1851427103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,469,817
Current Approval
$1,250,000
Forgiveness Amount
$1,257,329
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Assurance Mfg. Co., Inc.
Address
9010 Evergreen Blvd NW
ZIP Code
55433-5825
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
88
Estimated Revenue
$21.5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$1,000,000
Utilities
$125,000
Mortgage Interest
$125,000

Lender Information

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

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