Gauthier Industries INC

$743,600 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
6418867010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$743,600
Current Approval
$743,600
Forgiveness Amount
$749,363
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gauthier Industries INC
Address
3105 22nd St NW
ZIP Code
55901-8319
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$15.2M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$661,600
Rent
$48,000
Utilities
$34,000

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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