Willey's Marine Incorporated

$315,265 PPP Loan in Mcgregor, Minnesota

Loan Details

Loan Number
8962197002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$315,265
Current Approval
$315,265
Forgiveness Amount
$317,045
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Willey's Marine Incorporated
Address
46054 State Highway 65
ZIP Code
55760-5661
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (451110)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$261,362
Rent
$24,000
Utilities
$9,737
Health Care
$14,291
Debt Interest
$5,875

Lender Information

Servicing Lender
Security State Bank of Aitkin
Originating Lender
Security State Bank of Aitkin

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