Gerald Smith and Sons

$26,700 PPP Loan in Adams, Minnesota

Loan Details

Loan Number
4537117001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$26,700
Current Approval
$26,700
Forgiveness Amount
$26,864
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Gerald Smith and Sons
Address
62499 110th St
City
Adams
ZIP Code
55909-8525
Business Type
Partnership
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112120)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$21,400
Rent
$4,000
Utilities
$1,300

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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