Minnesota Sodding Company, LLC
$296,880 PPP Loan in Welch, Minnesota
Loan Details
- Loan Number
- 5774447004
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $296,880
- Current Approval
- $296,880
- Forgiveness Amount
- $300,150
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Minnesota Sodding Company, LLC
- Address
- 14 Old Deerfield Rd
- City
- Welch
- State
- Minnesota
- ZIP Code
- 55089-9505
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $237,504
- Rent
- $55,537
- Utilities
- $3,839
Lender Information
- Servicing Lender
- The First National Bank of River Falls
- Originating Lender
- The First National Bank of River Falls
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|---|---|---|
| Welch Village Ski Area, Inc. | $189,000 |  AI Deep Dive |
| Luhman's Construction Co. of Red Wing | $158,075 | AI Deep Dive |
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