Southtown, INC
$98,300 PPP Loan in Sauk Centre, Minnesota
Loan Details
- Loan Number
- 4367627106
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $98,300
- Current Approval
- $98,300
- Forgiveness Amount
- $99,574
- Forgiveness Date
- Aug 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southtown, INC
- Address
- 1505 Main St S
- City
- Sauk Centre
- State
- Minnesota
- ZIP Code
- 56378-2600
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $92,744
- Utilities
- $5,556
Lender Information
- Servicing Lender
- Magnifi Financial Cu
- Originating Lender
- Magnifi Financial Cu
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| Cabinet Components & Distribution INC | $728,617 | AI Deep Dive |
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| Truckers Inn, Inc. | $562,800 | AI Deep Dive |
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