Anderson Fabrics Inc.

$1,688,900 PPP Loan in Blackduck, Minnesota

Loan Details

Loan Number
7375777000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,688,900
Current Approval
$1,688,900
Forgiveness Amount
$1,705,280
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Anderson Fabrics Inc.
Address
348 Summit Ave
ZIP Code
56630-2137
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (315280)
Business Age
Existing or more than 2 years old
Jobs Reported
260
Estimated Revenue
$91.8M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$1,351,168
Rent
$168,866
Utilities
$168,866

Lender Information

Servicing Lender
Bank Forward
Originating Lender
Bank Forward

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