Drywall Supply INC

$879,000 PPP Loan in Saint Michael, Minnesota

Loan Details

Loan Number
2323617200
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$879,000
Current Approval
$879,000
Forgiveness Amount
$884,494
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Drywall Supply INC
Address
14235 42nd St NE
ZIP Code
55376
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423390)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$21.8M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$659,250
Rent
$54,938
Utilities
$54,938
Health Care
$54,938
Mortgage Interest
$54,938

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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