Custom Building Components, Inc.

$257,400 PPP Loan in Medford, Minnesota

Loan Details

Loan Number
7017457107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$257,400
Current Approval
$236,250
Forgiveness Amount
$238,468
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Custom Building Components, Inc.
Address
7832 21st Ave
ZIP Code
55049-8135
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321219)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$31.7M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$177,188
Rent
$29,531
Utilities
$29,531

Lender Information

Servicing Lender
Minnwest Bank
Originating Lender
Minnwest Bank

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