Standard Contracting INC

$646,710 PPP Loan in Hampton, Minnesota

Loan Details

Loan Number
9482857005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$646,710
Current Approval
$646,710
Forgiveness Amount
$650,626
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Standard Contracting INC
Address
23870 Conrad Ave
ZIP Code
55031-9725
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$10.6M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$491,500
Utilities
$155,210

Lender Information

Servicing Lender
First Farmers & Merchants Bank
Originating Lender
First Farmers & Merchants Bank

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