PPP borrower record

BOOMERANG MARINE AND POWERSPORTS, INCORPORATED PPP loan record

Public SBA PPP loan record for BOOMERANG MARINE AND POWERSPORTS, INCORPORATED. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$160,600
Approved amount
$161,559
Forgiven amount
2020-04-06
Date approved

Borrower and loan details

Borrower
BOOMERANG MARINE AND POWERSPORTS, INCORPORATED
Loan number
5990267003
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Melrose
Borrower state
Minnesota
Borrower ZIP
56352
Jobs reported
19
Loan status
Paid in Full
Forgiveness date
2020-11-20
Servicing lender
Freeport State Bank
Originating lender
Freeport State Bank

Reported use of proceeds

Payroll
$128,500
Rent
$24,100
Utilities
$8,000
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

Related directories

Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.