Hy-Tec Construction of Brainerd Inc.
$892,625 PPP Loan in Brainerd, Minnesota
Loan Details
- Loan Number
- 6624767005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $892,625
- Current Approval
- $892,625
- Forgiveness Amount
- $899,716
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Hy-Tec Construction of Brainerd Inc.
- Address
- 11360 Business 371
- City
- Brainerd
- State
- Minnesota
- ZIP Code
- 56401-1779
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 80
- Estimated Revenue
- $91.1M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $834,125
- Health Care
- $58,500
Lender Information
- Servicing Lender
- Deerwood Bank
- Originating Lender
- Deerwood Bank
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