Plato Woodwork, Inc.

$1,541,053 PPP Loan in Plato, Minnesota

Loan Details

Loan Number
6393407102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,541,053
Current Approval
$1,541,053
Forgiveness Amount
$1,554,665
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Plato Woodwork, Inc.
Address
200 3rd St SW
City
Plato
ZIP Code
55370-5469
Business Type
Corporation
Industry (NAICS)
Manufacturing (321211)
Business Age
Existing or more than 2 years old
Jobs Reported
144
Estimated Revenue
$142.8M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$1,292,953
Utilities
$55,597
Health Care
$182,655
Mortgage Interest
$9,848

Lender Information

Servicing Lender
Security Bank & Trust Company
Originating Lender
Security Bank & Trust Company

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