Carstensen & Sons Trucking, Inc.

$475,600 PPP Loan in Hastings, Minnesota

Loan Details

Loan Number
4718247004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$475,600
Current Approval
$475,600
Forgiveness Amount
$480,977
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carstensen & Sons Trucking, Inc.
Address
19740 Owen Avenue
ZIP Code
55033-8717
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$448,000
Rent
$10,000
Utilities
$1,600
Health Care
$16,000

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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