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Sargents Nursery INC

$218,300 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
5059877005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$218,300
Current Approval
$218,300
Forgiveness Amount
$219,998
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sargents Nursery INC
Address
3352 North Service Dr
City
Red Wing
State
Minnesota
ZIP Code
55066-1813
Business Type
Corporation
Industry (NAICS)
Retail Trade (444220)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$195,300
Rent
$18,000
Utilities
$5,000

Lender Information

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

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