Karl Manufacturing Solutions, INC
$676,800 PPP Loan in Roseau, Minnesota
Loan Details
- Loan Number
- 2976207105
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $676,800
- Current Approval
- $676,800
- Forgiveness Amount
- $681,328
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Karl Manufacturing Solutions, INC
- Address
- 1084 Center St. W
- City
- Roseau
- State
- Minnesota
- ZIP Code
- 56751-1650
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (323111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 64
- Estimated Revenue
- $63.5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $507,675
- Utilities
- $84,513
- Mortgage Interest
- $84,612
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
Other PPP Loans in Roseau, MN
| Business | Approved | |
|---|---|---|
| Lifecare Medical Center | $5,188,906 |  Research |
| Bb Diversified Services Ltd. | $717,578 | Research |
| Karl Manufacturing Solutions, INC | $676,831 | Research |
| Intercept Industries, Ltd. | $661,650 | Research |
| Northern Resources Cooperative | $438,733 | Research |
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