Medgaarden's Southwest Sales, Inc.

$141,500 PPP Loan in Austin, Minnesota

Loan Details

Loan Number
5933597001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$141,500
Current Approval
$141,500
Forgiveness Amount
$142,283
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Medgaarden's Southwest Sales, Inc.
Address
1608 12th St SW
City
Austin
ZIP Code
55912-2623
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$113,500
Rent
$10,000
Utilities
$8,000
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Manufacturers Bank & Trust Company
Originating Lender
Manufacturers Bank and Trust Company

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