Mccarrons Building Center INC

$245,500 PPP Loan in Forest Lake, Minnesota

Loan Details

Loan Number
5559767003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$245,500
Current Approval
$245,500
Forgiveness Amount
$247,539
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mccarrons Building Center INC
Address
23840 Lake Blvd
ZIP Code
55025-8210
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423310)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$184,125
Rent
$15,344
Utilities
$15,344
Health Care
$15,344
Mortgage Interest
$15,344

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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