Palleton Pallets, LLC
$155,000 PPP Loan in Albert Lea, Minnesota
Loan Details
- Loan Number
- 5319317009
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $155,000
- Current Approval
- $155,000
- Forgiveness Amount
- $155,922
- Forgiveness Date
- Nov 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Palleton Pallets, LLC
- Address
- 1303 19th Street
- City
- Albert Lea
- State
- Minnesota
- ZIP Code
- 56007-4834
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (321920)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- $14.9M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $150,000
- Utilities
- $2,000
- Health Care
- $2,000
- Debt Interest
- $1,000
Lender Information
- Servicing Lender
- Arcadian Bank
- Originating Lender
- Arcadian Bank
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