Boomerang Marine and Powersports, Incorporated
$160,600 PPP Loan in Melrose, Minnesota
Loan Details
- Loan Number
- 5990267003
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $160,600
- Current Approval
- $160,600
- Forgiveness Amount
- $161,559
- Forgiveness Date
- Nov 20, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Boomerang Marine and Powersports, Incorporated
- Address
- 151 Country Club Rd
- City
- Melrose
- State
- Minnesota
- ZIP Code
- 56352-8136
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 19
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $128,500
- Rent
- $24,100
- Utilities
- $8,000
Lender Information
- Servicing Lender
- Freeport State Bank
- Originating Lender
- Freeport State Bank
Other PPP Loans in Melrose, MN
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|---|---|---|
| Leedstone, INC | $1,875,000 |  Research |
| Melrose Electric, INC | $761,700 | Research |
| Rahn's Oil & Propane Inc. | $724,471 | Research |
| Rahn's Oil & Propane, Inc. | $661,000 | Research |
| Commercial Contractors Co. of Melrose, Inc. | $425,200 | Research |
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