Pratt's Affordable Excavating, Inc.

$120,000 PPP Loan in Merrifield, Minnesota

Loan Details

Loan Number
4012527101
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$120,000
Current Approval
$120,000
Forgiveness Amount
$120,736
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Pratt's Affordable Excavating, Inc.
Address
23069 Swan Lane
ZIP Code
56465-4516
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$90,000
Utilities
$12,000
Mortgage Interest
$18,000

Lender Information

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

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