Strand Ace Hardware

$35,040 PPP Loan in Pelican Rapids, Minnesota

Loan Details

Loan Number
7231027010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$35,040
Current Approval
$34,694
Forgiveness Amount
$34,988
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Strand Ace Hardware
Address
36 N Broadway
ZIP Code
56572-4137
Business Type
Sole Proprietorship
Industry (NAICS)
Retail Trade (444130)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$28,000
Rent
$5,694
Utilities
$1,000

Lender Information

Servicing Lender
Stearns Bank National Association
Originating Lender
Stearns Bank National Association

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