Seppi Brothers Concrete Products Corporation

$270,900 PPP Loan in Virginia, Minnesota

Loan Details

Loan Number
4903707002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$270,900
Current Approval
$270,900
Forgiveness Amount
$272,525
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Seppi Brothers Concrete Products Corporation
Address
1915 9th Ave N
ZIP Code
55792-2162
Business Type
Corporation
Industry (NAICS)
Manufacturing (327390)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$31.7M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$220,000
Rent
$25,000
Utilities
$25,900

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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