Sylvander Heating INC

$514,500 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
4612137008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$514,500
Current Approval
$514,500
Forgiveness Amount
$518,516
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sylvander Heating INC
Address
412 Tyler Road North
ZIP Code
55066-1738
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.4M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$493,592
Rent
$16,800
Utilities
$4,108

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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