Fraser Steel Company

$766,500 PPP Loan in Albertville, Minnesota

Loan Details

Loan Number
8073558402
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$766,500
Current Approval
$766,500
Forgiveness Amount
$772,845
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Fraser Steel Company
Address
11915 53rd St NE
ZIP Code
55301-3964
Business Type
Corporation
Industry (NAICS)
Manufacturing (332996)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$13.9M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$766,498
Utilities
$1

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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