Central Boiler INC

$2,184,800 PPP Loan in Greenbush, Minnesota

Loan Details

Loan Number
3807817104
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$2,184,800
Current Approval
$2,184,800
Forgiveness Amount
$2,193,159
Forgiveness Date
Jan 24, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Central Boiler INC
Address
20502 160th Street
ZIP Code
56726-9251
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811490)
Business Age
Existing or more than 2 years old
Jobs Reported
160
Estimated Revenue
$31.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$1,638,675
Utilities
$546,125

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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