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Struss Optical INC

$45,900 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
6955197005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$45,900
Current Approval
$45,900
Forgiveness Amount
$46,177
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Struss Optical INC
Address
434 W 3rd St
City
Red Wing
State
Minnesota
ZIP Code
55066-2309
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (446130)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$44,500
Utilities
$200
Mortgage Interest
$1,200

Lender Information

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

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