Haala Industries, Inc.

$561,600 PPP Loan in Sleepy Eye, Minnesota

Loan Details

Loan Number
2664777102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$561,600
Current Approval
$561,600
Forgiveness Amount
$565,862
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Haala Industries, Inc.
Address
1201 Hwy 4 S
ZIP Code
56085-5120
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$11.5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$539,600
Rent
$20,000
Utilities
$2,000

Lender Information

Servicing Lender
Arcadian Bank
Originating Lender
Arcadian Bank

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