Galen's, Inc.

$86,843 PPP Loan in Bagley, Minnesota

Loan Details

Loan Number
3485767109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$86,843
Current Approval
$86,843
Forgiveness Amount
$87,585
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Galen's, Inc.
Address
19 Main Avenue South
City
Bagley
ZIP Code
56621
Business Type
Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$69,474
Utilities
$2,369
Mortgage Interest
$15,000

Lender Information

Servicing Lender
The First National Bank of Bagley
Originating Lender
The First National Bank of Bagley

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