Branding Iron LLC
$74,400 PPP Loan in Preston, Minnesota
Loan Details
- Loan Number
- 4844907002
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $74,400
- Current Approval
- $74,400
- Forgiveness Amount
- $74,956
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Branding Iron LLC
- Address
- 1100 Circle Heights Drive
- City
- Preston
- State
- Minnesota
- ZIP Code
- 55965-1052
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 35
- Estimated Revenue
- $6.2M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $55,800
- Rent
- $10,000
- Utilities
- $4,000
- Debt Interest
- $4,600
Lender Information
- Servicing Lender
- F & M Community Bank, National Association
- Originating Lender
- F & M Community Bank, National Association
Other PPP Loans in Preston, MN
| Business | Approved | |
|---|---|---|
| Maple Leaf Services INC | $548,400 | |
| Root River Hardwoods INC | $453,100 | |
| Preston Equipment Company | $292,000 | |
| Bredun LLC | $279,717 | |
| Preston Equipment Company | $251,700 |
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