Industrial Lubricant Company

$937,800 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
6187527004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$937,800
Current Approval
$937,800
Forgiveness Amount
$945,123
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Lubricant Company
Address
Po Box 70
ZIP Code
55744
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$19.0M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$937,800

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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