Interstate Packaging Corporation

$940,700 PPP Loan in Albert Lea, Minnesota

Loan Details

Loan Number
5920527003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$940,700
Current Approval
$885,274
Forgiveness Amount
$890,340
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Interstate Packaging Corporation
Address
1851 Margaretha Ave
ZIP Code
56007-3271
Business Type
Corporation
Industry (NAICS)
Manufacturing (322211)
Business Age
Existing or more than 2 years old
Jobs Reported
98
Estimated Revenue
$97.2M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$885,274

Lender Information

Servicing Lender
Home Federal Savings Bank
Originating Lender
Home Federal Savings Bank

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