Shoremaster, LLC

$1,489,900 PPP Loan in Fergus Falls, Minnesota

Loan Details

Loan Number
6114227007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,489,900
Current Approval
$1,489,900
Forgiveness Amount
$1,498,798
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Shoremaster, LLC
Address
1025 International Drive
ZIP Code
56537-4303
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333923)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$24.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$1,117,425
Rent
$223,485
Utilities
$148,990

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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