Material Distributors INC
$555,500 PPP Loan in Marshall, Minnesota
Loan Details
- Loan Number
- 6251377002
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $555,500
- Current Approval
- $555,500
- Forgiveness Amount
- $558,783
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Material Distributors INC
- Address
- 211 N 11th Street
- City
- Marshall
- State
- Minnesota
- ZIP Code
- 56258-2750
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 36
- Estimated Revenue
- $11.0M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $555,500
Lender Information
- Servicing Lender
- Bremer Bank, National Association
- Originating Lender
- Bremer Bank, National Association
Other PPP Loans in Marshall, MN
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|---|---|---|
| Turkey Valley Farms INC | $3,946,400 |  Research |
| Ralco Nutrition, Inc. | $2,697,250 | Research |
| Ag Plus Cooperative | $1,426,500 | Research |
| Carlson & Stewart Refrigeration INC | $1,211,815 | Research |
| Carlson & Stewart Refrigeration, INC | $1,211,800 | Research |
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