PPP Loan information for Becker machine & tool, inc.

$94,300

Becker machine & tool, inc. was initially approved for PPP Loan of amount $94,300, the current approved amount is $94,300. The loan was approved on 04/09/2020 by The First Bank Elk River reported 12 jobs and $94,300 was used to fund payroll.

Becker machine & tool, inc. is Existing or more than 2 years old

BECKER MACHINE & TOOL, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BECKER MACHINE & TOOL, INC.

Borrower Address

12714 320TH AVE

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371-3383

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94300.00

Current Approval Amount

94300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

SHERBURNE

Project State

MN

Project Zip

55371-3383

CD

MN-06

Jobs Reported

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4715.00

Payroll Proceed

70725.00

Mortgage Interest Proceed

0.00

Rent Proceed

18860.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

94981.06

Forgiveness Date

01/07/2021

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