Bois Forte Development Corp
$4,769,100 PPP Loan in Tower, Minnesota
Loan Details
- Loan Number
- 6064397002
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,769,100
- Current Approval
- $3,959,000
- Forgiveness Amount
- $4,004,773
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bois Forte Development Corp
- Address
- 1430 Bois Forte Rd
- City
- Tower
- State
- Minnesota
- ZIP Code
- 55790-8111
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Arts, Entertainment, and Recreation (713210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 427
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $3,167,200
- Utilities
- $191,800
- Mortgage Interest
- $600,000
Lender Information
- Servicing Lender
- Park State Bank
- Originating Lender
- Park State Bank
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