Jim and Dude's Plumbing and Heating, Inc.

$422,800 PPP Loan in Albert Lea, Minnesota

Loan Details

Loan Number
5053617007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$422,800
Current Approval
$422,800
Forgiveness Amount
$425,325
Forgiveness Date
Nov 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jim and Dude's Plumbing and Heating, Inc.
Address
724 W Clark St
ZIP Code
56007-1700
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$8.9M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$370,000
Rent
$30,000
Utilities
$5,800
Debt Interest
$17,000

Lender Information

Servicing Lender
Arcadian Bank
Originating Lender
Arcadian Bank

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