Quality Conveyors, LLC

$140,000 PPP Loan in Hastings, Minnesota

Loan Details

Loan Number
4709697008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$140,000
Current Approval
$140,000
Forgiveness Amount
$140,844
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Quality Conveyors, LLC
Address
540 Spiral Blvd.
ZIP Code
55033-3668
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333922)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$112,700
Rent
$12,200
Utilities
$3,600
Health Care
$11,500

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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