Springboard Development Company, INC

$131,600 PPP Loan in Saint Charles, Minnesota

Loan Details

Loan Number
9289347003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$131,600
Current Approval
$131,600
Forgiveness Amount
$133,179
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Springboard Development Company, INC
Address
1221 Whitewater Ave
ZIP Code
55972-1227
Business Type
Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$30.7M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$98,292
Rent
$19,308
Utilities
$10,500
Mortgage Interest
$3,500

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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