Red Pine Log Works, INC

$47,300 PPP Loan in Backus, Minnesota

Loan Details

Loan Number
4870587006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$47,300
Current Approval
$47,300
Forgiveness Amount
$47,568
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Red Pine Log Works, INC
Address
147 State Highway 371
City
Backus
ZIP Code
56435-2404
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$47,300

Lender Information

Servicing Lender
First National Bank North
Originating Lender
First National Bank North

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