Ib Industries
$442,490 PPP Loan in Brownsdale, Minnesota
Loan Details
- Loan Number
- 9189227005
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $442,490
- Current Approval
- $442,490
- Forgiveness Amount
- $444,961
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ib Industries
- Address
- 27199 State Highway 56
- City
- Brownsdale
- State
- Minnesota
- ZIP Code
- 55918-8018
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541870)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $442,490
Lender Information
- Servicing Lender
- First Farmers & Merchants National Bank
- Originating Lender
- First Farmers & Merchants National Bank
Other PPP Loans in Brownsdale, MN
| Business | Approved | |
|---|---|---|
| Akkerman, INC | $1,165,300 |  AI Deep Dive |
| Legacy of Brownsdale LLC | $131,000 | AI Deep Dive |
| The Ryan Group | $105,442 | AI Deep Dive |
| The Ryan Group | $105,412 | AI Deep Dive |
| L&b Manufacturing, INC | $80,692 | AI Deep Dive |
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