Vanminsel Bros Construction, LLC

$329,000 PPP Loan in Spring Grove, Minnesota

Loan Details

Loan Number
7438797004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$329,000
Current Approval
$329,000
Forgiveness Amount
$331,299
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vanminsel Bros Construction, LLC
Address
115 South Division Ave Po Box 611
ZIP Code
55974-1118
Business Type
Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.2M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$321,000
Rent
$2,400
Utilities
$600
Mortgage Interest
$5,000

Lender Information

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

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