Carstens Industries Fiberglass Manufacturing

$191,900 PPP Loan in Melrose, Minnesota

Loan Details

Loan Number
6449667001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$191,900
Current Approval
$217,600
Forgiveness Amount
$220,354
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carstens Industries Fiberglass Manufacturing
Address
733 Main St W
ZIP Code
56352-1001
Business Type
Corporation
Industry (NAICS)
Manufacturing (326191)
Business Age
New Business or 2 years or less
Jobs Reported
30
Estimated Revenue
$29.8M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$174,125
Rent
$15,000
Utilities
$27,900
Mortgage Interest
$575

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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