Pierskalla Insurance Agency, Inc.

$87,500 PPP Loan in Melrose, Minnesota

Loan Details

Loan Number
5601107107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$87,500
Current Approval
$87,500
Forgiveness Amount
$88,004
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pierskalla Insurance Agency, Inc.
Address
307 E Main St
ZIP Code
56352-1163
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$80,000
Rent
$5,000
Utilities
$2,500

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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