Avalon Express, Inc.
$955,200 PPP Loan in Cannon Falls, Minnesota
Loan Details
- Loan Number
- 8396017010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $955,200
- Current Approval
- $898,300
- Forgiveness Amount
- $904,463
- Forgiveness Date
- Dec 28, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Avalon Express, Inc.
- Address
- 32453 64th Ave Way
- City
- Cannon Falls
- State
- Minnesota
- ZIP Code
- 55009-4354
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (484110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 64
- Estimated Revenue
- $9.7M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $650,304
- Rent
- $246,862
- Utilities
- $1,134
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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