PPP Loan information for Aerospace fabrication & materials, llc

$680,140

Aerospace fabrication & materials, llc was initially approved for PPP Loan of amount $680,140, the current approved amount is $680,140. The loan was approved on 04/09/2020 by The Minnwest Bank reported 56 jobs and $680,140 was used to fund payroll.

Aerospace fabrication & materials, llc is Existing or more than 2 years old

AEROSPACE FABRICATION & MATERIALS, LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AEROSPACE FABRICATION & MATERIALS, LLC

Borrower Address

208TH ST

Borrower City

FARMINGTON

Borrower State

MN

Borrower Zip

55024-7935

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680140.00

Current Approval Amount

680140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-7935

CD

MN-02

Jobs Reported

56

NAICS Code

336411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

510104.00

Mortgage Interest Proceed

0.00

Rent Proceed

160036.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

684107.48

Forgiveness Date

11/12/2020

;