Fast Global Solutions, Inc.
$7,200,000 PPP Loan in Glenwood, Minnesota
Loan Details
- Loan Number
- 3275327108
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $7,200,000
- Current Approval
- $7,200,000
- Forgiveness Amount
- $7,286,436
- Forgiveness Date
- Jun 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Fast Global Solutions, Inc.
- Address
- 20631 State Highway 55 0.0
- City
- Glenwood
- State
- Minnesota
- ZIP Code
- 56334-5079
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333924)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $130.9M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $5,500,000
- Rent
- $60,000
- Utilities
- $200,000
- Health Care
- $1,300,000
- Mortgage Interest
- $140,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Glenwood, MN
| Business | Approved | |
|---|---|---|
| Glacial Ridge Hospital District | $3,023,706 |  Research |
| Clyde Machines, Inc. | $883,700 | Research |
| Marthaler Automotive, Ltd. | $753,700 | Research |
| Hilltop Lumber of Glenwood, Inc. | $749,205 | Research |
| Glenwood Village Care Center, INC | $696,600 | Research |
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