Richard Balstad
$78,900 PPP Loan in Fosston, Minnesota
Loan Details
- Loan Number
- 5136657101
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $78,900
- Current Approval
- $78,900
- Forgiveness Amount
- $79,375
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Richard Balstad
- Address
- 42362 320th Ave SE
- City
- Fosston
- State
- Minnesota
- ZIP Code
- 56542-9207
- Business Type
- Sole Proprietorship
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (111199)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 11
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $78,900
Lender Information
- Servicing Lender
- Ultima Bank Minnesota
- Originating Lender
- Ultima Bank Minnesota
Other PPP Loans in Fosston, MN
| Business | Approved | |
|---|---|---|
| Integrated Process Solutions, Inc. | $625,200 | |
| Integrated Process Solutions Inc. | $621,400 | |
| Minnesota Dehydrated Vegetables, Inc. | $592,000 | |
| Palubicki's, Inc. | $366,500 | |
| Health Services Network, Inc. | $258,400 |
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