Interstate Improvement INC

$1,636,200 PPP Loan in Faribault, Minnesota

Loan Details

Loan Number
5608107001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,636,200
Current Approval
$1,636,200
Forgiveness Amount
$1,647,517
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Interstate Improvement INC
Address
16871 Canby Ave Po Box 8
ZIP Code
55021-8553
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$21.7M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,626,200
Rent
$10,000

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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