Kings Super Valu

$407,000 PPP Loan in Andover, Minnesota

Loan Details

Loan Number
3777497200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$407,000
Current Approval
$407,000
Forgiveness Amount
$411,285
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kings Super Valu
Address
13735 Round Lake Blvd
ZIP Code
55304-2083
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$16.2M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$305,250
Rent
$61,050
Utilities
$40,700

Lender Information

Servicing Lender
First Bank Elk River
Originating Lender
First Bank Elk River

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