Povolny Specialties, Inc.
$163,800 PPP Loan in Inver Grove Heights, Minnesota
Loan Details
- Loan Number
- 6882257008
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $163,800
- Current Approval
- $163,800
- Forgiveness Amount
- $165,626
- Forgiveness Date
- Jun 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Povolny Specialties, Inc.
- Address
- 7350 Courthouse Blvd
- State
- Minnesota
- ZIP Code
- 55077-3217
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 19
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $129,450
- Rent
- $24,000
- Utilities
- $8,000
- Health Care
- $2,350
Lender Information
- Servicing Lender
- City National Bank
- Originating Lender
- City National Bank
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