Larry Trachsel & Ben Pearson, Inc.
$206,100 PPP Loan in Hermantown, Minnesota
Loan Details
- Loan Number
- 7681137005
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $206,100
- Current Approval
- $206,100
- Forgiveness Amount
- $207,946
- Forgiveness Date
- Mar 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Larry Trachsel & Ben Pearson, Inc.
- Address
- 5457 Morris Thomas Road
- City
- Hermantown
- State
- Minnesota
- ZIP Code
- 55810-9712
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (324121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- $13.9M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $203,000
- Rent
- $2,500
- Utilities
- $600
Lender Information
- Servicing Lender
- Park State Bank
- Originating Lender
- Park State Bank
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