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Connaughty Industries INC

$196,417 PPP Loan in Rushford, Minnesota

Loan Details

Loan Number
8391417002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$196,417
Current Approval
$196,417
Forgiveness Amount
$198,801
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Connaughty Industries INC
Address
1000 N Mill St
City
Rushford
State
Minnesota
ZIP Code
55971-9040
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$160,080
Rent
$12,767
Utilities
$23,570

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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