Advanced Building Center

$245,300 PPP Loan in Oronoco, Minnesota

Loan Details

Loan Number
6646437001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$245,300
Current Approval
$245,300
Forgiveness Amount
$247,249
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Building Center
Address
1000 Minnesota Ave S
ZIP Code
55960-1325
Business Type
Corporation
Industry (NAICS)
Retail Trade (444190)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$238,300
Utilities
$2,000
Mortgage Interest
$5,000

Lender Information

Servicing Lender
Foresight Bank
Originating Lender
Foresight Bank

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