Phillips Iron & Metal INC

$72,077 PPP Loan in Thief River Falls, Minnesota

Loan Details

Loan Number
8973817004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$72,077
Current Approval
$72,077
Forgiveness Amount
$72,467
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Phillips Iron & Metal INC
Address
1107 Main Ave
ZIP Code
56701-1143
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$54,077
Utilities
$18,000

Lender Information

Servicing Lender
Northern State Bank of Thief River Falls
Originating Lender
Northern State Bank of Thief River Falls

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