Hiawatha Medical, Inc.

$1,327,353 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
6856607405
Date Approved
May 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,327,353
Current Approval
$1,327,353
Forgiveness Amount
$1,336,239
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hiawatha Medical, Inc.
Address
4920 Moundview Dr
ZIP Code
55066-1100
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621610)
Business Age
Existing or more than 2 years old
Jobs Reported
161
Estimated Revenue
$27.6M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,008,789
Utilities
$318,564

Lender Information

Servicing Lender
First Farmers & Merchants Bank
Originating Lender
First Farmers & Merchants Bank

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