Centre Pallet & Lumber Inc.

$87,755 PPP Loan in Sauk Centre, Minnesota

Loan Details

Loan Number
9131227002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$87,755
Current Approval
$87,755
Forgiveness Amount
$88,431
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Centre Pallet & Lumber Inc.
Address
39775 County Road 187
ZIP Code
56378
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423310)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.0M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$76,393
Rent
$3,375
Utilities
$2,500
Health Care
$4,000
Mortgage Interest
$385
Debt Interest
$1,102

Lender Information

Servicing Lender
Stearns Bank National Association
Originating Lender
Stearns Bank National Association

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