Independent Packing Services, Inc.
$690,100 PPP Loan in Minneapolis, Minnesota
Loan Details
- Loan Number
- 5521117001
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $690,100
- Current Approval
- $690,100
- Forgiveness Amount
- $697,864
- Forgiveness Date
- May 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Independent Packing Services, Inc.
- Address
- 7600 32nd Ave North
- City
- Minneapolis
- State
- Minnesota
- ZIP Code
- 55427-2786
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (488991)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 58
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-05
Loan Use Breakdown
- Payroll
- $519,100
- Rent
- $135,000
- Utilities
- $36,000
Lender Information
- Servicing Lender
- Citizens Community Federal National Association
- Originating Lender
- Citizens Community Federal National Association
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|---|---|---|
| Adams Communications Company, LLC | $10,000,000 | |
| Young Mens Christian Association of the North | $10,000,000 | |
| Border Foods INC | $10,000,000 | |
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| Salo, LLC | $10,000,000 |
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