Albert Lea Seed House, Inc.

$559,281 PPP Loan in Albert Lea, Minnesota

Loan Details

Loan Number
5611927110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$559,281
Current Approval
$559,281
Forgiveness Amount
$562,284
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Albert Lea Seed House, Inc.
Address
1414 W Main St
ZIP Code
56007-1816
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$11.1M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$519,281
Rent
$30,000
Debt Interest
$10,000

Lender Information

Servicing Lender
Arcadian Bank
Originating Lender
Arcadian Bank

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