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Down Rite Boring, Inc.

$51,700 PPP Loan in Foley, Minnesota

Loan Details

Loan Number
2995967410
Date Approved
May 6, 2020
Loan Status
Paid in Full
Initial Approval
$51,700
Current Approval
$51,700
Forgiveness Amount
$51,971
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Down Rite Boring, Inc.
Address
11736 95th Street NE
City
Foley
State
Minnesota
ZIP Code
56329
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$38,775
Utilities
$5,170
Mortgage Interest
$7,755

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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