Steenberg-Watrud Construction, LLC

$1,096,000 PPP Loan in Inver Grove Heights, Minnesota

Loan Details

Loan Number
9308397003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,096,000
Current Approval
$1,096,000
Forgiveness Amount
$1,103,398
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Steenberg-Watrud Construction, LLC
Address
10967 Clark Road Ste a
ZIP Code
55077-5356
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236210)
Business Age
Existing or more than 2 years old
Jobs Reported
104
Estimated Revenue
$118.5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$822,000
Rent
$68,500
Utilities
$68,500
Health Care
$68,500
Mortgage Interest
$68,500

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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