W.w. Thompson Concrete Products Co.

$481,600 PPP Loan in Brainerd, Minnesota

Loan Details

Loan Number
6654417006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$481,600
Current Approval
$481,600
Forgiveness Amount
$484,369
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
W.w. Thompson Concrete Products Co.
Address
702 Industrial Road
ZIP Code
56401
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423320)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.4M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$385,200
Rent
$35,900
Utilities
$32,200
Health Care
$28,300

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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