Karvonen & Son INC

$202,500 PPP Loan in Perham, Minnesota

Loan Details

Loan Number
5193127004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$202,500
Current Approval
$202,500
Forgiveness Amount
$176,240
Forgiveness Date
Apr 14, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Karvonen & Son INC
Address
151 W Main Street
City
Perham
ZIP Code
56573-1432
Business Type
Corporation
Industry (NAICS)
Retail Trade (442110)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$202,500

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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