Daugherty Appliance - Cloquet, INC

$24,895 PPP Loan in Cloquet, Minnesota

Loan Details

Loan Number
5589087001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$24,895
Current Approval
$24,895
Forgiveness Amount
$25,077
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Daugherty Appliance - Cloquet, INC
Address
1114 Cloquet Ave
ZIP Code
55720-1620
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (443141)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$19,916
Rent
$2,500
Utilities
$2,479

Lender Information

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

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