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Salo Manufacturing

$227,453 PPP Loan in Menahga, Minnesota

Loan Details

Loan Number
5221897010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$227,453
Current Approval
$227,453
Forgiveness Amount
$228,788
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Salo Manufacturing
Address
52 12th St SE
City
Menahga
State
Minnesota
ZIP Code
56464-3189
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326191)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$32.7M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$217,453
Refinance EIDL
$10,000

Lender Information

Servicing Lender
Community First Bank
Originating Lender
Community First Bank

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