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American Time & Signal Co

$684,500 PPP Loan in Dassel, Minnesota

Loan Details

Loan Number
6226077004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$684,500
Current Approval
$684,500
Forgiveness Amount
$688,360
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
American Time & Signal Co
Address
140 3rd St
City
Dassel
State
Minnesota
ZIP Code
55325-4511
Business Type
Corporation
Industry (NAICS)
Manufacturing (334519)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$16.5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$575,500
Rent
$50,000
Utilities
$14,000
Health Care
$45,000

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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