Double B Holdings, LLC and Simonson Properties Company

$2,107,500 PPP Loan in Saint Cloud, Minnesota

Loan Details

Loan Number
5979627003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,107,500
Current Approval
$2,107,500
Forgiveness Amount
$2,132,205
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Double B Holdings, LLC and Simonson Properties Company
Address
2455 12th St. NE
ZIP Code
56304
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423310)
Business Age
Existing or more than 2 years old
Jobs Reported
180
Estimated Revenue
$55.1M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$2,000,000
Rent
$75,000
Utilities
$32,500

Lender Information

Servicing Lender
Sentry Bank
Originating Lender
Sentry Bank

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