Albers Industrial Linings, Inc.

$70,806 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
8026217003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$70,806
Current Approval
$70,806
Forgiveness Amount
$71,327
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Albers Industrial Linings, Inc.
Address
2398 Old Zumbrota St
ZIP Code
55066-9506
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$53,105
Utilities
$17,701

Lender Information

Servicing Lender
First Farmers & Merchants Bank
Originating Lender
First Farmers & Merchants Bank

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