Nih Homes, LLC

$295,000 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
3652667101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$295,000
Current Approval
$295,000
Forgiveness Amount
$297,467
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nih Homes, LLC
Address
6840 213th Ave
ZIP Code
55330
Business Type
Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$221,250
Rent
$18,438
Utilities
$18,438
Health Care
$18,438
Mortgage Interest
$18,438

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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