Buhler Versatile USA INC

$533,900 PPP Loan in Willmar, Minnesota

Loan Details

Loan Number
3855097401
Date Approved
May 8, 2020
Loan Status
Paid in Full
Initial Approval
$533,900
Current Approval
$533,900
Forgiveness Amount
$536,570
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Buhler Versatile USA INC
Address
2500 Airport Dr
ZIP Code
56201-2706
Business Type
Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$428,000
Rent
$33,000
Utilities
$28,000
Debt Interest
$44,900

Lender Information

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

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