Southern Minnesota Woodcraft, Inc.
$389,600 PPP Loan in Faribault, Minnesota
Loan Details
- Loan Number
- 2301737102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $389,600
- Current Approval
- $389,600
- Forgiveness Amount
- $392,468
- Forgiveness Date
- Jul 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southern Minnesota Woodcraft, Inc.
- Address
- 2700 Airport Drive West
- City
- Faribault
- State
- Minnesota
- ZIP Code
- 55021-4799
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (321999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $31.7M
- Rural/Urban
- Urban
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $389,600
Lender Information
- Servicing Lender
- The State Bank of Faribault
- Originating Lender
- The State Bank of Faribault
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