Carpet One of Rochester

$165,300 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
4655927009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$165,300
Current Approval
$165,300
Forgiveness Amount
$166,654
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carpet One of Rochester
Address
5139 Highway 52 N
ZIP Code
55901-0170
Business Type
Corporation
Industry (NAICS)
Retail Trade (442210)
Franchise
Carpet One - Association Agreement (carpet Co-Op of America Association)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$123,975
Rent
$20,000
Utilities
$11,325
Debt Interest
$10,000

Lender Information

Servicing Lender
F & M Community Bank, National Association
Originating Lender
F & M Community Bank, National Association

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