Cavallin Inc.

$80,000 PPP Loan in Pine City, Minnesota

Loan Details

Loan Number
6006157100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$80,000
Current Approval
$80,000
Forgiveness Amount
$80,500
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cavallin Inc.
Address
630 13th St SW
ZIP Code
55063
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$60,000
Utilities
$8,000
Mortgage Interest
$12,000

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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