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
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
Servicing Lender Zip
55330-1575
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERBURNE
Project State
Project Zip
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
Rent Proceed
18860.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
94981.06
Forgiveness Date
01/07/2021