Pro Manufacturing, Inc.

$294,600 PPP Loan in Albert Lea, Minnesota

Loan Details

Loan Number
4954657000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$294,600
Current Approval
$294,600
Forgiveness Amount
$296,892
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pro Manufacturing, Inc.
Address
77917 209th St
ZIP Code
56007-4570
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.0M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$240,000
Utilities
$5,000
Health Care
$2,000
Mortgage Interest
$30,000
Debt Interest
$17,600

Lender Information

Servicing Lender
Arcadian Bank
Originating Lender
Arcadian Bank

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