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Benville Service and Superette

$35,250 PPP Loan in Babbitt, Minnesota

Loan Details

Loan Number
2176707202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$35,250
Current Approval
$35,250
Forgiveness Amount
$35,499
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Benville Service and Superette
Address
3169 Hwy 21
City
Babbitt
State
Minnesota
ZIP Code
55706
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
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
$26,438
Utilities
$3,525
Mortgage Interest
$5,287

Lender Information

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

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