Engel Diversified Industries, Inc.

$528,625 PPP Loan in Jordan, Minnesota

Loan Details

Loan Number
5430367000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$528,625
Current Approval
$528,625
Forgiveness Amount
$531,551
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Engel Diversified Industries, Inc.
Address
1060 Quaker Ave Po Box 85
City
Jordan
ZIP Code
55352
Business Type
Corporation
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$396,470
Utilities
$26,431
Mortgage Interest
$52,862
Debt Interest
$52,862

Lender Information

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

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