Gemko of Forest Lake INC
$335,200 PPP Loan in Forest Lake, Minnesota
Loan Details
- Loan Number
- 9866277105
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $335,200
- Current Approval
- $335,200
- Forgiveness Amount
- $337,771
- Forgiveness Date
- Jan 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Gemko of Forest Lake INC
- Address
- 908 SW 15th St
- City
- Forest Lake
- State
- Minnesota
- ZIP Code
- 55025-1315
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (321999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 50
- Estimated Revenue
- $49.6M
- Rural/Urban
- Urban
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $278,600
- Rent
- $27,600
- Utilities
- $16,000
- Health Care
- $9,000
- Debt Interest
- $4,000
Lender Information
- Servicing Lender
- Midcountry Bank
- Originating Lender
- Midcountry Bank
Other PPP Loans in Forest Lake, MN
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|---|---|---|
| Newteam, LLC | $4,304,800 |  AI Deep Dive |
| Vinco INC | $2,817,837 | AI Deep Dive |
| City View Electric Inc. | $1,978,900 | AI Deep Dive |
| North Pine Aggregate INC | $1,403,700 | AI Deep Dive |
| Wilcox Automotive LLC | $1,339,365 | AI Deep Dive |
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