Hedstrom Lumber Company, Inc.

$378,500 PPP Loan in Grand Marais, Minnesota

Loan Details

Loan Number
5267837009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$378,500
Current Approval
$378,500
Forgiveness Amount
$383,446
Forgiveness Date
Aug 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hedstrom Lumber Company, Inc.
Address
1504 Gunflint Trail
ZIP Code
55604-2000
Business Type
Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$35.7M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$378,500

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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