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Savage Communications, Inc.

$404,400 PPP Loan in Hinckley, Minnesota

Loan Details

Loan Number
4684227010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$404,400
Current Approval
$404,400
Forgiveness Amount
$406,939
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Savage Communications, Inc.
Address
115 Tobies Mill Pl
City
Hinckley
State
Minnesota
ZIP Code
55037
Business Type
Corporation
Industry (NAICS)
Information (517311)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$5.7M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$325,066
Rent
$3,504
Utilities
$25,986
Health Care
$23,151
Debt Interest
$26,693

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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