Minnesota Inboard Water Sports, Inc.
$633,700 PPP Loan in Excelsior, Minnesota
Loan Details
- Loan Number
- 6209517003
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $633,700
- Current Approval
- $633,700
- Forgiveness Amount
- $638,646
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Minnesota Inboard Water Sports, Inc.
- Address
- 720 Glapin Lake Road
- City
- Excelsior
- State
- Minnesota
- ZIP Code
- 55331
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441222)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 43
- Estimated Revenue
- $11.2M
- Rural/Urban
- Urban
- Congressional District
- MN-03
Loan Use Breakdown
- Payroll
- $475,300
- Utilities
- $158,400
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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