Philips Investmentco

$477,780 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
6259787001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$477,780
Current Approval
$477,780
Forgiveness Amount
$480,372
Forgiveness Date
Nov 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Philips Investmentco
Address
3401 Louisiana Ave S
ZIP Code
55426-4122
Business Type
Corporation
Industry (NAICS)
Arts, Entertainment, and Recreation (713950)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$382,224
Rent
$37,625
Utilities
$20,306
Health Care
$14,251
Mortgage Interest
$23,373

Lender Information

Servicing Lender
Citizens Independent Bank
Originating Lender
Citizens Independent Bank

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