Royalton Lumber, INC

$84,500 PPP Loan in Royalton, Minnesota

Loan Details

Loan Number
5834287007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$84,500
Current Approval
$84,500
Forgiveness Amount
$85,023
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Royalton Lumber, INC
Address
209 West Centre St
ZIP Code
56373-9113
Business Type
Corporation
Industry (NAICS)
Retail Trade (444190)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$66,000
Rent
$15,000
Utilities
$3,500

Lender Information

Servicing Lender
Pine Country Bank
Originating Lender
Pine Country Bank

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