Aroplax Corporation

$666,500 PPP Loan in Monticello, Minnesota

Loan Details

Loan Number
4883637007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$666,500
Current Approval
$656,108
Forgiveness Amount
$662,417
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Aroplax Corporation
Address
200 Chelsea Road
ZIP Code
55362-8919
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$65.5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$536,728
Rent
$52,072
Utilities
$44,660
Health Care
$22,648

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Stearns Bank National Association

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