Concrete Products of New London INC
$380,300 PPP Loan in Monticello, Minnesota
Loan Details
- Loan Number
- 2197707201
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $380,300
- Current Approval
- $380,300
- Forgiveness Amount
- $383,395
- Forgiveness Date
- Feb 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Concrete Products of New London INC
- Address
- 1401 Fallon Ave
- City
- Monticello
- State
- Minnesota
- ZIP Code
- 55362
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $7.9M
- Rural/Urban
- Rural
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $285,225
- Rent
- $23,769
- Utilities
- $23,769
- Mortgage Interest
- $23,769
- Debt Interest
- $23,769
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
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