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Schweiss Distributing INC

$571,500 PPP Loan in Hector, Minnesota

Loan Details

Loan Number
4584227002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$571,500
Current Approval
$571,500
Forgiveness Amount
$574,580
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schweiss Distributing INC
Address
72121 470th Street
City
Hector
State
Minnesota
ZIP Code
55342-1241
Business Type
Corporation
Industry (NAICS)
Manufacturing (332321)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.0M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$571,500

Lender Information

Servicing Lender
Bank Midwest
Originating Lender
Bank Midwest

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