Sandstrom's INC

$583,742 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
5850147000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$583,742
Current Approval
$583,742
Forgiveness Amount
$588,250
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sandstrom's INC
Address
2057 E Highway 2
ZIP Code
55744-3295
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424940)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$12.9M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$583,742

Lender Information

Servicing Lender
Minnesota Lakes Bank
Originating Lender
Minnesota Lakes Bank

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