Integrated Process Solutions Inc.
$621,400 PPP Loan in Fosston, Minnesota
Loan Details
- Loan Number
- 8412148305
- Date Approved
- Jan 29, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $621,400
- Current Approval
- $621,400
- Forgiveness Amount
- $627,390
- Forgiveness Date
- Jan 19, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Integrated Process Solutions Inc.
- Address
- 34696 412th St SE
- City
- Fosston
- State
- Minnesota
- ZIP Code
- 56542-9411
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (334513)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 35
- Estimated Revenue
- $9.2M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $621,398
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
Other PPP Loans in Fosston, MN
| Business | Approved | |
|---|---|---|
| Integrated Process Solutions, Inc. | $625,200 |  Research |
| Minnesota Dehydrated Vegetables, Inc. | $592,000 | Research |
| Palubicki's, Inc. | $366,500 | Research |
| Health Services Network, Inc. | $258,400 | Research |
| Fosston Pharmacy & Gifts Inc. | $213,100 | Research |
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