C & W Spinning, Inc.

$218,100 PPP Loan in Maple Lake, Minnesota

Loan Details

Loan Number
6123007209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$218,100
Current Approval
$218,100
Forgiveness Amount
$220,620
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
C & W Spinning, Inc.
Address
610 6th Street Northwest
ZIP Code
55358-4611
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$163,575
Utilities
$10,905
Mortgage Interest
$43,620

Lender Information

Servicing Lender
First Bank Elk River
Originating Lender
First Bank Elk River

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