Jit Powder Coating Company
$552,400 PPP Loan in Farmington, Minnesota
Loan Details
- Loan Number
- 4918497003
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $552,400
- Current Approval
- $552,400
- Forgiveness Amount
- $555,576
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Jit Powder Coating Company
- Address
- 21020 Eaton Ave.
- City
- Farmington
- State
- Minnesota
- ZIP Code
- 55024-8912
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332812)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 59
- Estimated Revenue
- $14.4M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $440,900
- Rent
- $36,000
- Utilities
- $41,100
- Health Care
- $29,900
- Debt Interest
- $4,500
Lender Information
- Servicing Lender
- Deerwood Bank
- Originating Lender
- Deerwood Bank
Other PPP Loans in Farmington, MN
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|---|---|---|
| Farmington Health Services | $1,476,430 |  Research |
| Brick & Bourbon Maple Grove LLC | $765,800 | Research |
| Anna's Bananas Day Care Inc. | $700,000 | Research |
| Aerospace Fabrication & Materials, LLC | $680,140 | Research |
| Aerospace Fabrication & Materials LLC | $680,100 | Research |
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