Res Specialty Pyrotechnics Inc.

$362,500 PPP Loan in Belle Plaine, Minnesota

Loan Details

Loan Number
9335027003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$362,500
Current Approval
$362,500
Forgiveness Amount
$258,828
Forgiveness Date
Apr 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Res Specialty Pyrotechnics Inc.
Address
21595 286th St
ZIP Code
56011-4433
Business Type
Corporation
Industry (NAICS)
Manufacturing (325998)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$24.8M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$343,000
Rent
$6,000
Utilities
$13,500

Lender Information

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

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