M.r. Paving and Excavating, Inc.
$1,138,500 PPP Loan in New Ulm, Minnesota
Loan Details
- Loan Number
- 5056187102
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,138,500
- Current Approval
- $1,138,500
- Forgiveness Amount
- $1,149,168
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- M.r. Paving and Excavating, Inc.
- Address
- 2020 North Spring St
- City
- New Ulm
- State
- Minnesota
- ZIP Code
- 56073-2277
- Business Type
- Corporation
- Industry (NAICS)
- Construction (237310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 89
- Estimated Revenue
- $27.6M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $853,875
- Utilities
- $113,850
- Mortgage Interest
- $170,775
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
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