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Falk's Woodland Pharmacy, Inc.

$498,983 PPP Loan in Duluth, Minnesota

Loan Details

Loan Number
7634807209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$498,983
Current Approval
$498,983
Forgiveness Amount
$501,492
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Falk's Woodland Pharmacy, Inc.
Address
231 E 14th St
City
Duluth
State
Minnesota
ZIP Code
55811
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (446110)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$7.7M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$450,000
Rent
$30,000
Utilities
$3,983
Mortgage Interest
$15,000

Lender Information

Servicing Lender
Western National Bank
Originating Lender
Western National Bank

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