Home of Economy, Inc.
$1,312,587 PPP Loan in Grand Forks, North Dakota
Loan Details
- Loan Number
- 8743057104
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,312,587
- Current Approval
- $1,312,587
- Forgiveness Amount
- $1,319,563
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Home of Economy, Inc.
- Address
- 1508 N Washington St
- City
- Grand Forks
- State
- North Dakota
- ZIP Code
- 58203-1458
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (444130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 157
- Estimated Revenue
- $32.4M
- Rural/Urban
- Urban
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $1,046,841
- Rent
- $101,486
- Utilities
- $76,906
- Debt Interest
- $87,354
Lender Information
- Servicing Lender
- United Valley Bank
- Originating Lender
- United Valley Bank
Other PPP Loans in Grand Forks, ND
| Business | Approved | |
|---|---|---|
| Edgewood Opco LLC | $10,000,000 |  Research |
| Strata Corporation | $10,000,000 | Research |
| Valley Senior Living | $5,629,900 | Research |
| Acme Electric Motor, Inc. | $5,504,900 | Research |
| Advanced Engineering and Environmental Services, Inc. | $5,400,000 | Research |
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