Gvl Polymers, INC

$299,700 PPP Loan in Litchfield, Minnesota

Loan Details

Loan Number
4689117000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$299,700
Current Approval
$299,700
Forgiveness Amount
$301,606
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Gvl Polymers, INC
Address
59711 US Hwy 12 West
ZIP Code
55355
Business Type
Corporation
Industry (NAICS)
Manufacturing (326150)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$38.7M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$239,836
Utilities
$29,932
Mortgage Interest
$29,932

Lender Information

Servicing Lender
Center National Bank
Originating Lender
Center National Bank

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