Valley Craft Industries Inc.

$913,700 PPP Loan in Lake City, Minnesota

Loan Details

Loan Number
6851337005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$913,700
Current Approval
$913,700
Forgiveness Amount
$920,604
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Craft Industries Inc.
Address
2001 South Highway 61
ZIP Code
55041-9555
Business Type
Corporation
Industry (NAICS)
Manufacturing (333924)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$21.7M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$731,114
Utilities
$182,586

Lender Information

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

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