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Ely Northland Market, INC

$128,000 PPP Loan in Ely, Minnesota

Loan Details

Loan Number
7657517001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$128,000
Current Approval
$128,000
Forgiveness Amount
$128,831
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ely Northland Market, INC
Address
1230 Sheridan St
City
Ely
State
Minnesota
ZIP Code
55731
Business Type
Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$102,408
Rent
$13,000
Utilities
$12,592

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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