Stearns Construction INC

$544,500 PPP Loan in Rockville, Minnesota

Loan Details

Loan Number
2378537208
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$544,500
Current Approval
$544,500
Forgiveness Amount
$550,915
Forgiveness Date
Jun 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stearns Construction INC
Address
1351 Broadway St W Po Box 459
ZIP Code
56369
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$11.8M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$544,500

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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