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Vermilion Fuel Corp

$40,100 PPP Loan in Tower, Minnesota

Loan Details

Loan Number
6123977305
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$40,100
Current Approval
$40,100
Forgiveness Amount
$40,364
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vermilion Fuel Corp
Address
516 Main St
City
Tower
State
Minnesota
ZIP Code
55790
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Unanswered
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$30,075
Utilities
$4,010
Mortgage Interest
$6,015

Lender Information

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

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