Industrial Lubricant Company

$841,640 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
3954278409
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$841,640
Current Approval
$841,640
Forgiveness Amount
$847,612
Forgiveness Date
Oct 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Industrial Lubricant Company
Address
35108 US Highway 2
ZIP Code
55744-4752
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$13.9M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$841,638
Utilities
$1

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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