Strait and Ballard Furniture and Funeral Homes INC

$110,000 PPP Loan in Jordan, Minnesota

Loan Details

Loan Number
3124457300
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$110,000
Current Approval
$110,000
Forgiveness Amount
$111,010
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Strait and Ballard Furniture and Funeral Homes INC
Address
104 First Street West
City
Jordan
ZIP Code
55352
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$82,500
Mortgage Interest
$27,500

Lender Information

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

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