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
- City
- Shakopee
- State
- Minnesota
- 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
Other PPP Loans in Shakopee, MN
| Business | Approved | |
|---|---|---|
| S & S Concrete & Masonry, LLP | $10,000,000 | |
| Dannys Construction Company, LLC | $8,540,700 | |
| R T L Construction INC | $6,250,000 | |
| Sowles Co. | $4,617,800 | |
| Gresser Companies, Inc. | $3,907,760 |
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