Pine Bend Paving INC
$398,300 PPP Loan in Hastings, Minnesota
Loan Details
- Loan Number
- 4433427006
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $398,300
- Current Approval
- $398,300
- Forgiveness Amount
- $400,823
- Forgiveness Date
- Nov 30, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Pine Bend Paving INC
- Address
- 16500 Fischer Ave
- City
- Hastings
- State
- Minnesota
- ZIP Code
- 55033-9056
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $12.9M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $348,512
- Rent
- $32,662
- Utilities
- $17,126
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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|---|---|---|
| Intek Plastics, INC | $3,559,723 |  Research |
| Universal Services Telecommunications Te | $1,582,300 | Research |
| Innovative Surfaces, Inc. | $1,451,970 | Research |
| Dsm Excavating Co INC | $1,057,622 | Research |
| Rahn Home Services, Inc. | $885,000 | Research |
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