Aaladin Cleaning Systems

$596,500 PPP Loan in Elk Point, South Dakota

Loan Details

Loan Number
5836107003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$596,500
Current Approval
$596,500
Forgiveness Amount
$601,719
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Aaladin Cleaning Systems
Address
32584 477th Ave
ZIP Code
57025-6700
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$16.6M
Rural/Urban
Rural
Congressional District
SD-

Loan Use Breakdown

Payroll
$416,800
Rent
$60,700
Utilities
$25,100
Health Care
$91,950
Debt Interest
$1,950

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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