Spordee's Inc.

$54,900 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
7918357109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$54,900
Current Approval
$54,900
Forgiveness Amount
$55,249
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Spordee's Inc.
Address
9958 Hwy 10 NW
ZIP Code
55330
Business Type
Corporation
Industry (NAICS)
Manufacturing (323113)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$41,175
Utilities
$5,490
Mortgage Interest
$8,235

Lender Information

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

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