Wendell's Incorporated

$429,375 PPP Loan in Andover, Minnesota

Loan Details

Loan Number
5825697010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$429,375
Current Approval
$429,375
Forgiveness Amount
$433,514
Forgiveness Date
Mar 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wendell's Incorporated
Address
6601 Bunker Lake Blvd
ZIP Code
55303-5410
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$335,683
Rent
$42,074
Utilities
$7,000
Health Care
$33,831
Mortgage Interest
$10,787

Lender Information

Servicing Lender
Minnesota Lakes Bank
Originating Lender
Minnesota Lakes Bank

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