Stepp Manufacturing INC

$464,200 PPP Loan in North Branch, Minnesota

Loan Details

Loan Number
4157327101
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$464,200
Current Approval
$464,200
Forgiveness Amount
$467,785
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stepp Manufacturing INC
Address
12325 River Road
ZIP Code
55056-6225
Business Type
Corporation
Industry (NAICS)
Manufacturing (333120)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$348,150
Rent
$29,013
Utilities
$29,013
Health Care
$29,013
Refinance EIDL
$29,013

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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