Pearson Builders, Inc.

$112,700 PPP Loan in Saint Charles, Minnesota

Loan Details

Loan Number
6198927306
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$112,700
Current Approval
$112,700
Forgiveness Amount
$113,899
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pearson Builders, Inc.
Address
137 E 15th St
ZIP Code
55972-1517
Business Type
Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$109,160
Utilities
$2,500
Mortgage Interest
$1,040

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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