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Valley Craft Industries INC

$882,095 PPP Loan in Lake City, Minnesota

Loan Details

Loan Number
7362698302
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$882,095
Current Approval
$882,095
Forgiveness Amount
$886,456
Forgiveness Date
Aug 2, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Valley Craft Industries INC
Address
2001 S Highway 61
City
Lake City
State
Minnesota
ZIP Code
55041-9555
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$19.3M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$882,092
Utilities
$1

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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