Sams Marine Inc.

$52,324 PPP Loan in Stillwater, Minnesota

Loan Details

Loan Number
7126057104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$52,324
Current Approval
$52,324
Forgiveness Amount
$52,950
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sams Marine Inc.
Address
11204 Dellwood Rd North
ZIP Code
55082-4678
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811490)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$41,864
Rent
$7,500
Utilities
$2,068
Debt Interest
$892

Lender Information

Servicing Lender
Lake Elmo Bank
Originating Lender
Lake Elmo Bank

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