As part of the Paycheck Protection Program INTERSTATE IMPROVEMENT INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

INTERSTATE IMPROVEMENT INC


Loan Amount	$1,636,200
BusinessName	INTERSTATE IMPROVEMENT INC
Address	16871 CANBY AVE
City	FARIBAULT
State	MN
Zip	55021
NAICSCode	237310
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	70
DateApproved	04/06/2020
Lender	Merchants Bank, National Association
CD	MN-01
BusinessName.clean	INTERSTATE IMPROVEMENT

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

INTERSTATE KFC
INTERSTATE MAINTENANCE CORP
INTERSTATE MEAT CO
INTERSTATE MEAT DISTRIBUTORS
INTERSTATE MECHANICAL CONTRACTORS