Frederick Sales & Engineering, Inc.
$83,300 PPP Loan in Welch, Minnesota
Loan Details
- Loan Number
- 6525987006
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $83,300
- Current Approval
- $83,300
- Forgiveness Amount
- $84,006
- Forgiveness Date
- Feb 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Frederick Sales & Engineering, Inc.
- Address
- 13270 Welch Trail
- City
- Welch
- State
- Minnesota
- ZIP Code
- 55089-6117
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423490)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 4
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $62,475
- Rent
- $1,166
- Utilities
- $1,999
- Mortgage Interest
- $17,660
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
Other PPP Loans in Welch, MN
| Business | Approved | |
|---|---|---|
| Minnesota Sodding Company, LLC | $296,880 |  AI Deep Dive |
| Welch Village Ski Area, Inc. | $189,000 | AI Deep Dive |
| Luhman's Construction Co. of Red Wing | $158,075 | AI Deep Dive |
| Luhman's Construction Co of Red Wing | $154,425 | AI Deep Dive |
| Prairie Island Indian Community | $145,480 | AI Deep Dive |
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