Michael Pedersen
$55,680 PPP Loan in Cannon Falls, Minnesota
Loan Details
- Loan Number
- 5477207104
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $55,680
- Current Approval
- $55,680
- Forgiveness Amount
- $56,082
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Michael Pedersen
- Address
- 1415 Highway 20
- City
- Cannon Falls
- State
- Minnesota
- ZIP Code
- 55009-1175
- Business Type
- Sole Proprietorship
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541940)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 8
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $42,317
- Utilities
- $13,363
Lender Information
- Servicing Lender
- First Farmers & Merchants Bank
- Originating Lender
- First Farmers & Merchants Bank
Other PPP Loans in Cannon Falls, MN
| Business | Approved | |
|---|---|---|
| Ag Partners Cooperative | $5,663,100 |  AI Deep Dive |
| Avalon Express, Inc. | $955,200 | AI Deep Dive |
| Cannon Falls Nursing Rehabilitation LLC | $686,363 | AI Deep Dive |
| Sustane Natural Fertilizer, INC | $360,179 | AI Deep Dive |
| Molitor Brothers Farm | $342,371 | AI Deep Dive |
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