Jem Kensinger, Inc.

$113,000 PPP Loan in Detroit Lakes, Minnesota

Loan Details

Loan Number
4471707008
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$113,000
Current Approval
$113,000
Forgiveness Amount
$113,851
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jem Kensinger, Inc.
Address
900 Mckinley Ave
ZIP Code
56501-3504
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$83,620
Rent
$16,950
Utilities
$1,130
Mortgage Interest
$11,300

Lender Information

Servicing Lender
Northwestern Bank, National Association
Originating Lender
Northwestern Bank, National Association

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