Powder-Solutions Group Inc.

$1,120,802 PPP Loan in Chanhassen, Minnesota

Loan Details

Loan Number
7260118400
Date Approved
Feb 11, 2021
Loan Status
Paid in Full
Initial Approval
$1,120,802
Current Approval
$1,120,802
Forgiveness Amount
$1,127,680
Forgiveness Date
Sep 29, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Powder-Solutions Group Inc.
Address
1620 Lake Dr W
ZIP Code
55317-8583
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$19.9M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,120,800
Utilities
$1

Lender Information

Servicing Lender
Htlf Bank
Originating Lender
Minnesota Bank and Trust, a Division of Htlf Bank

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