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Melrose Pharmacy

$102,200 PPP Loan in Melrose, Minnesota

Loan Details

Loan Number
4459647000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$102,200
Current Approval
$102,200
Forgiveness Amount
$102,950
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Melrose Pharmacy
Address
611 Main Street W
City
Melrose
State
Minnesota
ZIP Code
56352-1045
Business Type
Corporation
Industry (NAICS)
Retail Trade (446110)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$85,485
Rent
$12,715
Debt Interest
$4,000

Lender Information

Servicing Lender
Freeport State Bank
Originating Lender
Freeport State Bank

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