Chosen Valley Testing INC

$485,400 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
5882517107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$485,400
Current Approval
$485,400
Forgiveness Amount
$490,015
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chosen Valley Testing INC
Address
1410 7th St
ZIP Code
55901-1735
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541380)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$9.1M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$400,000
Utilities
$5,000
Health Care
$80,400

Lender Information

Servicing Lender
F & M Community Bank, National Association
Originating Lender
F & M Community Bank, National Association

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