Structural Materials Inc.

$657,900 PPP Loan in Fargo, North Dakota

Loan Details

Loan Number
8397347006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$657,900
Current Approval
$657,900
Forgiveness Amount
$662,268
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Structural Materials Inc.
Address
1401 40th St. NW
City
Fargo
ZIP Code
58107
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423320)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$15.9M
Rural/Urban
Urban
Congressional District
ND-

Loan Use Breakdown

Payroll
$493,500
Rent
$82,200
Utilities
$82,200

Lender Information

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

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