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Minnesota Industries INC

$300,800 PPP Loan in Chisholm, Minnesota

Loan Details

Loan Number
4780587002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$300,800
Current Approval
$285,200
Forgiveness Amount
$288,888
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Minnesota Industries INC
Address
610 W Drive
City
Chisholm
State
Minnesota
ZIP Code
55719-2077
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.4M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$228,160
Utilities
$7,040
Mortgage Interest
$50,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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