Custom Tube Company

$111,833 PPP Loan in Inver Grove Heights, Minnesota

Loan Details

Loan Number
7479107210
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$111,833
Current Approval
$111,833
Forgiveness Amount
$112,408
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Custom Tube Company
Address
6260 Claude Way E
ZIP Code
55076
Business Type
Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$85,186
Rent
$22,190
Utilities
$2,721
Debt Interest
$1,736

Lender Information

Servicing Lender
Drake Bank
Originating Lender
Drake Bank

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