Safebasements of Minnesota, Inc.

$622,100 PPP Loan in Litchfield, Minnesota

Loan Details

Loan Number
4507907001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$622,100
Current Approval
$622,100
Forgiveness Amount
$627,025
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Safebasements of Minnesota, Inc.
Address
60335 US Highway 12
ZIP Code
55355-5227
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$16.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$603,100
Rent
$14,000
Utilities
$5,000

Lender Information

Servicing Lender
Home State Bank
Originating Lender
Home State Bank

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