Fraser Steel Co. Inc.
$766,500 PPP Loan in Albertville, Minnesota
Loan Details
- Loan Number
- 8243547004
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $766,500
- Current Approval
- $766,500
- Forgiveness Amount
- $774,846
- Forgiveness Date
- May 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Fraser Steel Co. Inc.
- Address
- 11915 53rd Street NE
- City
- Albertville
- State
- Minnesota
- ZIP Code
- 55301-3964
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332996)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 60
- Estimated Revenue
- $14.7M
- Rural/Urban
- Rural
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $574,900
- Utilities
- $191,600
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
Other PPP Loans in Albertville, MN
| Business | Approved | |
|---|---|---|
| Daniels Holding Co., Inc. | $2,810,000 | |
| Fehn Companies INC | $1,193,500 | |
| Northdale Construction Co INC | $1,153,700 | |
| Mold-Tech Incorporated | $1,051,000 | |
| Mold Tech INC | $1,037,800 |
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