Bachmann & Associates

$439,905 PPP Loan in Lake Elmo, Minnesota

Loan Details

Loan Number
8340437008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$439,905
Current Approval
$432,765
Forgiveness Amount
$436,808
Forgiveness Date
Mar 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bachmann & Associates
Address
8669 Eagle Point Blvd
ZIP Code
55042-8628
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621112)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$12.2M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$323,365
Rent
$64,400
Utilities
$22,500
Health Care
$22,500

Lender Information

Servicing Lender
Lake Elmo Bank
Originating Lender
Lake Elmo Bank

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