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Cloquet Transit Co., Inc.

$148,309 PPP Loan in Cloquet, Minnesota

Loan Details

Loan Number
8843237303
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$148,309
Current Approval
$148,309
Forgiveness Amount
$149,337
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cloquet Transit Co., Inc.
Address
1203 Ave B
City
Cloquet
State
Minnesota
ZIP Code
55720
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (485510)
Business Age
Unanswered
Jobs Reported
44
Estimated Revenue
$16.9M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$111,232
Utilities
$14,831
Mortgage Interest
$22,246

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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