PPP Loan information for Atscott mgf, inc.

$700,000

Atscott mgf, inc. was initially approved for PPP Loan of amount $700,000, the current approved amount is $700,000. The loan was approved on 04/13/2020 by The Frandsen Bank & Trust reported 62 jobs and $700,000 was used to fund payroll.

Atscott mgf, inc. is Existing or more than 2 years old

PPP Loan Search / MN / PINE CITY / Atscott mgf, inc.

ATSCOTT MGF, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ATSCOTT MGF, INC.

Borrower Address

1150 Holstein Drive NE

Borrower City

PINE CITY

Borrower State

MN

Borrower Zip

55063-1464

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

700000.00

Current Approval Amount

700000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PINE CITY

Project County Name

PINE

Project State

MN

Project Zip

55063-1464

CD

MN-08

Jobs Reported

62

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

70000.00

Payroll Proceed

525000.00

Mortgage Interest Proceed

105000.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

704334.25

Forgiveness Date

12/04/2020

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