Minnesota Acoustics, Inc.

$482,649 PPP Loan in Maple Grove, Minnesota

Loan Details

Loan Number
7101107001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$482,649
Current Approval
$482,649
Forgiveness Amount
$485,987
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Minnesota Acoustics, Inc.
Address
8750 Jefferson Hwy
ZIP Code
55369-1540
Business Type
Corporation
Industry (NAICS)
Construction (238310)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$476,587
Rent
$4,542
Utilities
$1,520

Lender Information

Servicing Lender
Scale Bank
Originating Lender
Scale Bank

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