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Schweiss Distributing Inc.

$629,078 PPP Loan in Hector, Minnesota

Loan Details

Loan Number
6468118307
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$629,078
Current Approval
$629,078
Forgiveness Amount
$631,594
Forgiveness Date
Jun 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Schweiss Distributing Inc.
Address
72121 470th St
City
Hector
State
Minnesota
ZIP Code
55342-1241
Business Type
Corporation
Industry (NAICS)
Manufacturing (332321)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$12.2M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$629,073
Utilities
$1

Lender Information

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

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