Munson Feed Company, Inc.

$159,900 PPP Loan in Melrose, Minnesota

Loan Details

Loan Number
6984817000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$159,900
Current Approval
$159,900
Forgiveness Amount
$161,166
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Munson Feed Company, Inc.
Address
118 3rd Ave
ZIP Code
56352-1030
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311213)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$112,000
Rent
$23,900
Utilities
$8,000
Mortgage Interest
$16,000

Lender Information

Servicing Lender
Aspire Bank
Originating Lender
Aspire Bank

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