Grindstone Construction Services INC

$260,270 PPP Loan in Buffalo, Minnesota

Loan Details

Loan Number
5947207001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$260,270
Current Approval
$260,270
Forgiveness Amount
$262,894
Forgiveness Date
Sep 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grindstone Construction Services INC
Address
300 Brighton Ave
ZIP Code
55313-2303
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$20.5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$247,825
Rent
$4,800
Utilities
$1,811
Health Care
$3,426
Debt Interest
$2,408

Lender Information

Servicing Lender
Minnesota Lakes Bank
Originating Lender
Minnesota Lakes Bank

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