Pooley Scrap Iron & Recycling, INC
$72,800 PPP Loan in New Richland, Minnesota
Loan Details
- Loan Number
- 6419087003
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $72,800
- Current Approval
- $72,800
- Forgiveness Amount
- $73,336
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Pooley Scrap Iron & Recycling, INC
- Address
- 13984 215th Avenue
- City
- New Richland
- State
- Minnesota
- ZIP Code
- 56072-2007
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423930)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $62,940
- Rent
- $4,360
- Utilities
- $4,000
- Debt Interest
- $1,500
Lender Information
- Servicing Lender
- First Farmers & Merchants National Bank
- Originating Lender
- First Farmers & Merchants National Bank
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