Forest Concrete Products Company

$28,055 PPP Loan in Ely, Minnesota

Loan Details

Loan Number
3947427107
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$28,055
Current Approval
$28,055
Forgiveness Amount
$28,228
Forgiveness Date
Dec 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Forest Concrete Products Company
Address
1715 East Sheridan Street
City
Ely
ZIP Code
55731-1928
Business Type
Corporation
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$21,042
Utilities
$2,805
Mortgage Interest
$4,208

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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