Stockness Construction, INC

$1,213,700 PPP Loan in Hugo, Minnesota

Loan Details

Loan Number
5165987105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,213,700
Current Approval
$1,213,700
Forgiveness Amount
$1,223,343
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stockness Construction, INC
Address
13427 Fenway Blvd Circle N
City
Hugo
ZIP Code
55038-7451
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$18.5M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$910,275
Rent
$242,740
Utilities
$60,685

Lender Information

Servicing Lender
North Star Bank
Originating Lender
North Star Bank

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