Werner Implement Co, Inc.

$201,793 PPP Loan in Vermillion, Minnesota

Loan Details

Loan Number
7903637107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$201,793
Current Approval
$201,793
Forgiveness Amount
$202,880
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Werner Implement Co, Inc.
Address
119 Main St
ZIP Code
55085
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$151,345
Rent
$20,000
Utilities
$6,113
Health Care
$24,335

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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