Deer River Folio Co., Inc.
$62,300 PPP Loan in Deer River, Minnesota
Loan Details
- Loan Number
- 9628887007
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $62,300
- Current Approval
- $62,300
- Forgiveness Amount
- $62,868
- Forgiveness Date
- Mar 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Deer River Folio Co., Inc.
- Address
- 10 1st St NE - P.o. Box 517
- City
- Deer River
- State
- Minnesota
- ZIP Code
- 56636
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (323117)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 11
- Estimated Revenue
- $10.9M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $52,300
- Rent
- $5,000
- Utilities
- $5,000
Lender Information
- Servicing Lender
- Deerwood Bank
- Originating Lender
- Deerwood Bank
Other PPP Loans in Deer River, MN
| Business | Approved | |
|---|---|---|
| Northern Star Cooperative Service | $682,000 | |
| Rajala Timber Company | $291,965 | |
| Nor Tran INC | $125,600 | |
| Frontier Construction Company, INC | $111,600 | |
| Heather Howsen | $101,100 |
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