Downs Food Group, Inc.
$760,100 PPP Loan in Mankato, Minnesota
Loan Details
- Loan Number
- 8587977008
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $760,100
- Current Approval
- $760,100
- Forgiveness Amount
- $772,050
- Forgiveness Date
- Oct 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Downs Food Group, Inc.
- Address
- 54934 210th Lane
- City
- Mankato
- State
- Minnesota
- ZIP Code
- 56001-2100
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (311615)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 42
- Estimated Revenue
- $14.8M
- Rural/Urban
- Urban
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $546,688
- Rent
- $22,916
- Utilities
- $2,387
- Health Care
- $188,109
Lender Information
- Servicing Lender
- Deerwood Bank
- Originating Lender
- Deerwood Bank
Other PPP Loans in Mankato, MN
| Business | Approved | |
|---|---|---|
| Bolton & Menk, Inc. | $10,000,000 |  AI Deep Dive |
| Mankato Clinic, Ltd | $10,000,000 | AI Deep Dive |
| I & S Group, INC | $5,420,855 | AI Deep Dive |
| Tony Downs Foods Co | $4,331,200 | AI Deep Dive |
| Crystal Valley Cooperative | $3,911,000 | AI Deep Dive |
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