Superior Rock Bit Company

$343,400 PPP Loan in Virginia, Minnesota

Loan Details

Loan Number
5837837001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$343,400
Current Approval
$298,600
Forgiveness Amount
$301,337
Forgiveness Date
Mar 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Superior Rock Bit Company
Address
1401 W Chestnut St
ZIP Code
55792-3416
Business Type
Corporation
Industry (NAICS)
Manufacturing (333120)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$238,880
Utilities
$29,720
Health Care
$30,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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