Mesabi Bituminous, Inc.

$603,100 PPP Loan in Gilbert, Minnesota

Loan Details

Loan Number
4901827010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$603,100
Current Approval
$603,100
Forgiveness Amount
$609,818
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mesabi Bituminous, Inc.
Address
4988 Enterprise Dr
ZIP Code
55741-1000
Business Type
Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$6.8M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$482,486
Utilities
$120,614

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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