Northwest Asphalt INC

$4,282,900 PPP Loan in Shakopee, Minnesota

Loan Details

Loan Number
6696497104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$4,282,900
Current Approval
$4,282,900
Forgiveness Amount
$4,331,915
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northwest Asphalt INC
Address
1451 Stagecoach Rd
ZIP Code
55379-8045
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (324121)
Business Age
Existing or more than 2 years old
Jobs Reported
148
Estimated Revenue
$146.8M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$4,115,900
Rent
$152,000
Utilities
$5,000
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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