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Flour City Bending, INC

$143,600 PPP Loan in Big Lake, Minnesota

Loan Details

Loan Number
5673827208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$143,600
Current Approval
$143,600
Forgiveness Amount
$144,729
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Flour City Bending, INC
Address
19909 Industrial Drive
City
Big Lake
State
Minnesota
ZIP Code
55309
Business Type
Corporation
Industry (NAICS)
Manufacturing (332996)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$107,700
Utilities
$14,360
Mortgage Interest
$21,540

Lender Information

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

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