Abrasives of St. Paul, Inc.

$550,000 PPP Loan in Vadnais Heights, Minnesota

Loan Details

Loan Number
5766497008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$550,000
Current Approval
$550,000
Forgiveness Amount
$553,556
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Abrasives of St. Paul, Inc.
Address
1000 Labore Industrial Court
ZIP Code
55110-5114
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$15.9M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$550,000

Lender Information

Servicing Lender
North American Banking Company
Originating Lender
North American Banking Company

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