Poncelet Metals

$41,666 PPP Loan in Bellechester, Minnesota

Loan Details

Loan Number
4569448802
Date Approved
Apr 16, 2021
Loan Status
Paid in Full
Initial Approval
$41,666
Current Approval
$41,666
Forgiveness Amount
$41,769
Forgiveness Date
Jul 21, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Poncelet Metals
Address
201 Chester Ave
ZIP Code
55027-9002
Business Type
Partnership
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$41,662
Utilities
$1

Lender Information

Servicing Lender
First Farmers & Merchants Bank
Originating Lender
First Farmers & Merchants Bank

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