Upperlakes Foods INC

$4,746,300 PPP Loan in Cloquet, Minnesota

Loan Details

Loan Number
4860207004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$4,746,300
Current Approval
$4,746,300
Forgiveness Amount
$4,801,305
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Upperlakes Foods INC
Address
801 Industry Ave
ZIP Code
55720-1635
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424410)
Business Age
Existing or more than 2 years old
Jobs Reported
370
Estimated Revenue
$95.2M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$3,797,114
Utilities
$449,186
Mortgage Interest
$500,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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