PPP Loan information for 4th axis machine and design, inc.

$72,500

4th axis machine and design, inc. was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 04/06/2020 by The The Bank of Elk River reported 7 jobs and $72,500 was used to fund payroll.

4th axis machine and design, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ALBERTVILLE / 4th axis machine and design, inc.

4TH AXIS MACHINE AND DESIGN, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

4TH AXIS MACHINE AND DESIGN, INC.

Borrower Address

6575 LABEAUX AVE

Borrower City

ALBERTVILLE

Borrower State

MN

Borrower Zip

55301-9716

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBERTVILLE

Project County Name

WRIGHT

Project State

MN

Project Zip

55301-9716

CD

MN-06

Jobs Reported

7

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73032.33

Forgiveness Date

01/07/2021

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