Karvonen & Son INC

$202,525 PPP Loan in Perham, Minnesota

Loan Details

Loan Number
5876508605
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$202,525
Current Approval
$202,525
Forgiveness Amount
$176,311
Forgiveness Date
Apr 12, 2023
Term
60 months
Draw
Second Draw

Business Information

Business Name
Karvonen & Son INC
Address
151 W Main St
City
Perham
ZIP Code
56573-1432
Business Type
Corporation
Industry (NAICS)
Retail Trade (442110)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$202,523
Utilities
$1

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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