Cannon Power Sports INC
$121,800 PPP Loan in Cannon Falls, Minnesota
Loan Details
- Loan Number
- 9673747010
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $121,800
- Current Approval
- $121,800
- Forgiveness Amount
- $122,788
- Forgiveness Date
- Feb 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cannon Power Sports INC
- Address
- 64th Ave
- City
- Cannon Falls
- State
- Minnesota
- ZIP Code
- 55009-4265
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 13
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $70,644
- Rent
- $29,232
- Utilities
- $6,943
- Mortgage Interest
- $14,981
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
Other PPP Loans in Cannon Falls, MN
| Business | Approved | |
|---|---|---|
| Ag Partners Cooperative | $5,663,100 |  Research |
| Avalon Express, Inc. | $955,200 | Research |
| Cannon Falls Nursing Rehabilitation LLC | $686,363 | Research |
| Sustane Natural Fertilizer, INC | $360,179 | Research |
| Molitor Brothers Farm | $342,371 | Research |
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