Anderson Custom Processing, INC

$1,200,000 PPP Loan in Little Falls, Minnesota

Loan Details

Loan Number
4618357800
Date Approved
May 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,200,000
Current Approval
$1,200,000
Forgiveness Amount
$1,207,562
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Anderson Custom Processing, INC
Address
200 Lindbergh Drive S
ZIP Code
56345-1310
Business Type
Corporation
Industry (NAICS)
Manufacturing (311423)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$26.8M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$900,000
Utilities
$300,000

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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