Minnesota Concrete Products, Inc.

$115,000 PPP Loan in Sauk Rapids, Minnesota

Loan Details

Loan Number
6380927008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$115,000
Current Approval
$115,000
Forgiveness Amount
$115,645
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Minnesota Concrete Products, Inc.
Address
6870 Hwy 10 NW
ZIP Code
56379
Business Type
Corporation
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$92,000
Rent
$16,500
Utilities
$3,000
Health Care
$3,500

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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