Mesabi Office Equipment, INC

$50,100 PPP Loan in Hibbing, Minnesota

Loan Details

Loan Number
6323307003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$50,100
Current Approval
$49,200
Forgiveness Amount
$49,572
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mesabi Office Equipment, INC
Address
1925 5th Ave E
ZIP Code
55746-1658
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423420)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$39,374
Utilities
$4,626
Mortgage Interest
$5,200

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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