Chain of Lakes Granite, Incorporated

$99,000 PPP Loan in Richmond, Minnesota

Loan Details

Loan Number
2903857100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$99,000
Current Approval
$99,000
Forgiveness Amount
$99,705
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chain of Lakes Granite, Incorporated
Address
708 1st St SE
ZIP Code
56368-8069
Business Type
Corporation
Industry (NAICS)
Construction (238340)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$89,000
Rent
$5,000
Utilities
$2,500
Mortgage Interest
$2,500

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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