House of Coates Inc.

$125,000 PPP Loan in Rosemount, Minnesota

Loan Details

Loan Number
3839497109
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$125,000
Current Approval
$125,000
Forgiveness Amount
$125,820
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
House of Coates Inc.
Address
16300 Coates Blvd E
ZIP Code
55068
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$105,000
Rent
$10,000
Utilities
$5,000
Mortgage Interest
$5,000

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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