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
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

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