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Corchran Inc. Employee Stock Plan & Trust

$388,400 PPP Loan in Waseca, Minnesota

Loan Details

Loan Number
5585997104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$388,400
Current Approval
$388,400
Forgiveness Amount
$392,710
Forgiveness Date
Jun 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Corchran Inc. Employee Stock Plan & Trust
Address
1340 State St S
City
Waseca
State
Minnesota
ZIP Code
56093-2708
Business Type
Trust
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$8.8M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$388,400

Lender Information

Servicing Lender
Crf Small Business Loan Company, LLC
Originating Lender
Crf Small Business Loan Company, LLC

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