Richard Balstad

$108,900 PPP Loan in Fosston, Minnesota

Loan Details

Loan Number
2931458309
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$108,900
Current Approval
$108,900
Forgiveness Amount
$109,312
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Richard Balstad
Address
42354 320th Ave SE
ZIP Code
56542-9207
Business Type
Sole Proprietorship
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112210)
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
$108,896
Utilities
$1

Lender Information

Servicing Lender
Ultima Bank Minnesota
Originating Lender
Ultima Bank Minnesota

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