Ely Sportswear, Inc.

$7,500 PPP Loan in Ely, Minnesota

Loan Details

Loan Number
4149737106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$7,500
Current Approval
$7,500
Forgiveness Amount
$7,586
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ely Sportswear, Inc.
Address
21 East Sheridan Street
City
Ely
ZIP Code
55731-1213
Business Type
Corporation
Industry (NAICS)
Retail Trade (448190)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$5,625
Utilities
$750
Mortgage Interest
$1,125

Lender Information

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

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