Mccollum Hardware INC

$20,780 PPP Loan in Ada, Minnesota

Loan Details

Loan Number
5640077103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$20,780
Current Approval
$20,780
Forgiveness Amount
$20,937
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mccollum Hardware INC
Address
402 E Main
City
Ada
ZIP Code
56510
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444130)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$15,587
Utilities
$2,078
Mortgage Interest
$3,115

Lender Information

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

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