Par Aide Products Co
$535,000 PPP Loan in Hugo, Minnesota
Loan Details
- Loan Number
- 2838237105
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $535,000
- Current Approval
- $535,000
- Forgiveness Amount
- $538,314
- Forgiveness Date
- Nov 24, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Par Aide Products Co
- Address
- 6800 Otter Lake Road
- City
- Hugo
- State
- Minnesota
- ZIP Code
- 55038-4427
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339920)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 37
- Estimated Revenue
- $10.3M
- Rural/Urban
- Urban
- Congressional District
- MN-04
Loan Use Breakdown
- Payroll
- $401,300
- Utilities
- $133,700
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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