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Vertex Roofing INC

$285,307 PPP Loan in Eveleth, Minnesota

Loan Details

Loan Number
3029317208
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$285,307
Current Approval
$285,307
Forgiveness Amount
$287,410
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vertex Roofing INC
Address
107 Grant Ave
City
Eveleth
State
Minnesota
ZIP Code
55734
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238160)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$236,244
Rent
$30,000
Utilities
$19,063

Lender Information

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

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