Cannon Power Sports INC

$112,500 PPP Loan in Cannon Falls, Minnesota

Loan Details

Loan Number
4999288508
Date Approved
Feb 26, 2021
Loan Status
Paid in Full
Initial Approval
$112,500
Current Approval
$112,500
Forgiveness Amount
$113,047
Forgiveness Date
Aug 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Cannon Power Sports INC
Address
31633 64th Ave
ZIP Code
55009-4265
Business Type
Corporation
Industry (NAICS)
Retail Trade (441210)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$112,498
Utilities
$1

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

Other PPP Loans in Cannon Falls, MN

BusinessApproved
Ag Partners Cooperative$5,663,100NewBizBotResearch
Avalon Express, Inc.$955,200NewBizBotResearch
Cannon Falls Nursing Rehabilitation LLC$686,363NewBizBotResearch
Sustane Natural Fertilizer, INC$360,179NewBizBotResearch
Molitor Brothers Farm$342,371NewBizBotResearch

Want to research this company further?

Try NewBizBot free