Albany Manufacturing, INC

$124,300 PPP Loan in Albany, Minnesota

Loan Details

Loan Number
8070467005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$124,300
Current Approval
$124,300
Forgiveness Amount
$125,219
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Albany Manufacturing, INC
Address
1550 Railroad Ave
City
Albany
ZIP Code
56307-9493
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$99,490
Rent
$14,000
Utilities
$10,810

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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