F.i.p. INC

$84,815 PPP Loan in Brainerd, Minnesota

Loan Details

Loan Number
4914807210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$84,815
Current Approval
$84,815
Forgiveness Amount
$85,397
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
F.i.p. INC
Address
401 Front St
ZIP Code
56401-3516
Business Type
Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
$7.9M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$66,155
Rent
$7,000
Utilities
$2,800
Health Care
$7,130
Mortgage Interest
$600
Debt Interest
$1,130

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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