Drs. Akre & Clark, Ltd.

$250,175 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
5188297004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$250,175
Current Approval
$223,600
Forgiveness Amount
$224,837
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Drs. Akre & Clark, Ltd.
Address
1715 South Broadway
ZIP Code
56073
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (621320)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$166,056
Utilities
$25,018
Mortgage Interest
$32,526

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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